STS Global Income & Growth Trust (LON:STS) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

STS Global Income & Growth Trust (LON:STS) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 242.29 and traded as low as GBX 239.99. STS Global Income & Growth Trust shares last traded at GBX 243, with a volume of 90,868 shares trading hands.

STS Global Income & Growth Trust Price Performance

The company has a market capitalization of £281.27 million, a PE ratio of 10.38 and a beta of 0.42. The company has a debt-to-equity ratio of 5.00, a quick ratio of 0.40 and a current ratio of 0.15. The stock has a 50 day moving average price of GBX 240.42 and a two-hundred day moving average price of GBX 242.29.

STS Global Income & Growth Trust (LON:STS) last released its earnings results on Wednesday, December 3rd. The company reported GBX 3.18 earnings per share for the quarter. STS Global Income & Growth Trust had a net margin of 88.82% and a return on equity of 6.50%.

About STS Global Income & Growth Trust

Securities Trust of Scotland plc is a closed-ended equity mutual fund launched and managed by Martin Currie Fund Management Limited. It is co-managed by Martin Currie Investment Management Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in stocks of large-cap companies with market capitalizations over £1 billion. It benchmarks the performance of its portfolio against the MSCI World High Dividend Yield Index.