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Murray Income Trust (LON:MUT) Stock Price Crosses Above Fifty Day Moving Average - Time to Sell?

Murray Income Trust logo with Financial Services background

Murray Income Trust PLC (LON:MUT - Get Free Report)'s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 821.93 ($10.98) and traded as high as GBX 864 ($11.54). Murray Income Trust shares last traded at GBX 858 ($11.46), with a volume of 140,758 shares.

Murray Income Trust Stock Up 0.9%

The company has a market capitalization of £865.21 million, a PE ratio of 9.54 and a beta of 0.80. The stock has a 50-day moving average of GBX 823.55 and a 200 day moving average of GBX 827.30.

Murray Income Trust (LON:MUT - Get Free Report) last released its quarterly earnings data on Wednesday, March 5th. The company reported GBX 15.20 ($0.20) EPS for the quarter. Murray Income Trust had a net margin of 92.34% and a return on equity of 9.57%.

Murray Income Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a GBX 9.50 ($0.13) dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a yield of 1.17%. Murray Income Trust's payout ratio is currently 42.97%.

Insider Activity

In other Murray Income Trust news, insider Andrew Page bought 2,500 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average cost of GBX 853 ($11.39) per share, with a total value of £21,325 ($28,482.70). Insiders own 3.00% of the company's stock.

Murray Income Trust Company Profile

(Get Free Report)

An investment trust founded in 1923 aiming for high and growing income with capital growth.

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