TwentyFour Income (LON:TFIF) Hits New 1-Year High - Still a Buy?

Key Points

• TwentyFour Income's share price reached a new 52-week high at GBX 114 ($1.52) during trading, with a closing price of GBX 113.60.
• The company has a market capitalization of £873.63 million and a PE ratio of 811.43, indicating strong investor interest.
• In their latest earnings report, TwentyFour Income posted earnings per share of GBX 14 for the quarter, showcasing a remarkable net margin of 1,552.21%.

TwentyFour Income (LON:TFIF - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 114 ($1.52) and last traded at GBX 113.60 ($1.52), with a volume of 1598792 shares trading hands. The stock had previously closed at GBX 113.60 ($1.52).

TwentyFour Income Price Performance

The stock's 50 day moving average is GBX 112.42 and its 200-day moving average is GBX 111.28. The company has a market cap of £873.63 million and a PE ratio of 811.43.

TwentyFour Income (LON:TFIF - Get Free Report) last posted its earnings results on Wednesday, July 16th. The company reported GBX 14 earnings per share for the quarter. TwentyFour Income had a net margin of 1,552.21% and a return on equity of 103.44%.

About TwentyFour Income

TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.

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