Murray Income Trust (LON:MUT) Stock Price Passes Above 50 Day Moving Average of $827.23

Murray Income Trust PLC (LON:MUT) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 827.23 ($10.30) and traded as high as GBX 838.67 ($10.44). Murray Income Trust shares last traded at GBX 838 ($10.43), with a volume of 200,114 shares traded.

Murray Income Trust Trading Up 0.2 %

The firm has a market capitalization of £897.08 million, a P/E ratio of 1,163.89 and a beta of 0.80. The company has a debt-to-equity ratio of 11.60, a quick ratio of 3.64 and a current ratio of 2.92. The firm has a 50 day moving average price of GBX 827.23 and a two-hundred day moving average price of GBX 824.76.

Murray Income Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be paid a dividend of GBX 9.50 ($0.12) per share. This represents a dividend yield of 1.18%. The ex-dividend date is Thursday, May 16th. Murray Income Trust’s dividend payout ratio is presently 5,694.44%.

Insider Transactions at Murray Income Trust

In related news, insider Angus Franklin acquired 4,206 shares of Murray Income Trust stock in a transaction dated Thursday, January 25th. The stock was acquired at an average cost of GBX 828 ($10.31) per share, with a total value of £34,825.68 ($43,353.27). Corporate insiders own 0.86% of the company’s stock.

About Murray Income Trust

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.