STS Global Income & Growth Trust (LON:STS) Shares Cross Above 50-Day Moving Average - Time to Sell?

Key Points

• STS Global Income & Growth Trust's shares have recently crossed above their 50-day moving average, reflecting a price movement to GBX 247.12 ($3.33).
• The company maintains a debt-to-equity ratio of 5.00 and a current ratio of 0.15, indicating significant leverage and potential liquidity concerns.
• For the last quarter, STS reported earnings of GBX 6.74 per share with a strong net margin of 88.82%.

STS Global Income & Growth Trust (LON:STS - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 242.94 ($3.27) and traded as high as GBX 249 ($3.35). STS Global Income & Growth Trust shares last traded at GBX 247.12 ($3.32), with a volume of 240,120 shares.

STS Global Income & Growth Trust Stock Up 1.2%

The firm has a market capitalization of £307.43 million, a PE ratio of 16.74 and a beta of 0.42. The company has a fifty day moving average price of GBX 243.72 and a 200-day moving average price of GBX 241.21. 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 earnings per share (EPS) for the quarter. STS Global Income & Growth Trust had a return on equity of 6.50% and a net margin of 88.82%.

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.