STS Global Income & Growth Trust (LON:STS) Shares Cross Below 200-Day Moving Average – Should You Sell?

STS Global Income & Growth Trust (LON:STS) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 241.95 and traded as low as GBX 238.66. STS Global Income & Growth Trust shares last traded at GBX 238.75, with a volume of 76,519 shares changing hands.

STS Global Income & Growth Trust Price Performance

The business has a 50-day moving average of GBX 239.30 and a two-hundred day moving average of GBX 241.95. The company has a current ratio of 0.15, a quick ratio of 0.40 and a debt-to-equity ratio of 5.00. The firm has a market cap of £279.57 million, a P/E ratio of 12.14 and a beta of 0.42.

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

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.