Income Financial Trust (TSE:INC.UN – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$9.11 and traded as high as C$9.28. Income Financial Trust shares last traded at C$9.28, with a volume of 563 shares trading hands.
Income Financial Trust Stock Performance
The stock has a market cap of C$31.16 million, a PE ratio of 4.05 and a beta of 0.14. The company has a 50 day moving average of C$9.11 and a two-hundred day moving average of C$8.78.
About Income Financial Trust
To generate additional returns above the dividend and interest income earned on the Portfolio, Income Financial writes covered calls on all or part of the securities held in the Portfolio. The net proceeds from this offering will be used by Income Financial to invest in a diversified portfolio (the Portfolio) consisting principally of common shares issued by corporations whose shares are included in The Toronto Stock Exchange Financial Services Index (the TSE Financial Services Index), the Standard Poors Financials Index (the SP Financials Index) or the Standard Poors MidCap Financials Index (the SP MidCap Financials Index).
Further Reading
- Five stocks we like better than Income Financial Trust
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Why Taiwan Semiconductor’s 6.5% Dip Could Be a Smart Buy
- How to Evaluate a Stock Before BuyingÂ
- RTX Surges to Record Highs as Defense Orders Explode
- What is a Bond Market Holiday? How to Invest and Trade
- Smart Money Is Buying Auto Suppliers, Not Car Brands
Receive News & Ratings for Income Financial Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Income Financial Trust and related companies with MarketBeat.com's FREE daily email newsletter.
