STS Global Income & Growth Trust (LON:STS) Shares Pass Above 50-Day Moving Average – Time to Sell?

Shares of STS Global Income & Growth Trust (LON:STS) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 227.87 and traded as high as GBX 231. STS Global Income & Growth Trust shares last traded at GBX 227.44, with a volume of 123,822 shares trading hands.

STS Global Income & Growth Trust Price Performance

The firm has a market cap of £250.31 million, a PE ratio of -22.68 and a beta of 0.55. The stock’s fifty day moving average price is GBX 227.87 and its 200-day moving average price is GBX 229.36. The company has a debt-to-equity ratio of 5.93, a current ratio of 0.30 and a quick ratio of 0.40.

STS Global Income & Growth Trust (LON:STS) last released its quarterly earnings results on Tuesday, May 19th. The company reported GBX 6.49 earnings per share (EPS) for the quarter. STS Global Income & Growth Trust had a net margin of 142.51% and a negative return on equity of 4.38%. The firm had revenue of GBX 979 million for the quarter.

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.