Murray Income Trust (LON:MUT) Stock Price Crosses Above Fifty Day Moving Average of $775.14

Murray Income Trust PLC (LON:MUTGet Rating)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 775.14 ($9.11) and traded as high as GBX 834.25 ($9.80). Murray Income Trust shares last traded at GBX 817 ($9.60), with a volume of 123,039 shares trading hands.

Murray Income Trust Stock Performance

The stock has a market capitalization of £952.28 million and a price-to-earnings ratio of 513.84. The company has a quick ratio of 3.64, a current ratio of 3.64 and a debt-to-equity ratio of 11.61. The stock’s 50-day simple moving average is GBX 775.14 and its 200 day simple moving average is GBX 821.20.

Murray Income Trust Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 16th. Shareholders of record on Thursday, February 16th will be given a GBX 8.25 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, February 16th. This represents a yield of 1.07%. Murray Income Trust’s dividend payout ratio (DPR) is presently 21.70%.

Insider Buying and Selling at Murray Income Trust

In other news, insider Neil Rogan purchased 2,022 shares of Murray Income Trust stock in a transaction on Friday, September 23rd. The shares were purchased at an average cost of GBX 791 ($9.29) per share, for a total transaction of £15,994.02 ($18,794.38).

Murray Income Trust Company Profile

(Get Rating)

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.

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