TwentyFour Income (LON:TFIF) Reaches New 12-Month High - Should You Buy?

Key Points

• TwentyFour Income shares hit a new 52-week high of GBX 114.20 ($1.54) during trading, marking a significant milestone for the fund.
• The company reported strong quarterly earnings with an EPS of GBX 14 and a remarkable net margin of 1,552.21%.
• With a market cap of £875.93 million and a high P/E ratio of 813.57, the stock remains a high-risk investment.

TwentyFour Income (LON:TFIF - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 114.20 ($1.54) and last traded at GBX 113.99 ($1.54), with a volume of 2667579 shares. The stock had previously closed at GBX 114 ($1.54).

TwentyFour Income Stock Down 0.1%

The firm's 50-day moving average price is GBX 112.58 and its 200 day moving average price is GBX 111.33. The firm has a market cap of £875.93 million and a P/E ratio of 813.57.

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

TwentyFour Income Company Profile

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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