STS Global Income & Growth Trust (LON:STS) Shares Cross Above Fifty Day Moving Average - Here's What Happened

Key Points

• STS Global Income & Growth Trust shares traded above their 50-day moving average for the first time, reaching GBX 247 ($3.32) during trading.
• The firm reported a market capitalization of £298.86 million and a P/E ratio of 16.28, indicating a stable financial position.
• In their latest earnings report, the trust posted earnings per share of GBX 6.74 ($0.09) with a high net margin of 88.82%.

STS Global Income & Growth Trust (LON:STS - Get Free Report)'s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 242.54 ($3.28) and traded as high as GBX 247 ($3.34). STS Global Income & Growth Trust shares last traded at GBX 247 ($3.34), with a volume of 42,017 shares.

STS Global Income & Growth Trust Stock Down 1.0%

The business's fifty day moving average is GBX 242.68 and its two-hundred day moving average is GBX 240.98. The company has a market cap of £298.86 million, a P/E ratio of 16.28 and a beta of 0.42. The company has a debt-to-equity ratio of 5.00, a quick ratio of 0.40 and a current ratio of 0.15.

STS Global Income & Growth Trust (LON:STS - Get Free Report) last issued its quarterly earnings data on Thursday, May 22nd. The company reported GBX 6.74 ($0.09) earnings per share (EPS) for the quarter. STS Global Income & Growth Trust had a net margin of 88.82% and a return on equity of 6.50%.

About STS Global Income & Growth Trust

Securities Trust of Scotland plc is a closed-ended equity mutual fund launched and managed by Martin Currie Fund Management Limited. It is co-managed by Martin Currie Investment Management Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.