STS Global Income & Growth Trust (LON:STS) Share Price Passes Below 200 Day Moving Average - Here's Why

Shares of STS Global Income & Growth Trust (LON:STS - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 238.41 ($3.27) and traded as low as GBX 237 ($3.25). STS Global Income & Growth Trust shares last traded at GBX 237 ($3.25), with a volume of 75,564 shares changing hands.

STS Global Income & Growth Trust Trading Up 1.3%

The company has a market capitalization of £291.51 million, a price-to-earnings ratio of 15.88 and a beta of 0.42. The firm has a 50-day moving average price of GBX 240.14 and a 200-day moving average price of GBX 238.45. The company has a current ratio of 0.15, a quick ratio of 0.40 and a debt-to-equity ratio of 5.00.

STS Global Income & Growth Trust (LON:STS - Get Free Report) last issued its earnings results 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 return on equity of 6.50% and a net margin of 88.82%.

STS Global Income & Growth Trust Company Profile

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.