Murray Income Trust (LON:MUT) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Murray Income Trust PLC (LON:MUTGet Free Report)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 831.15 ($11.26) and traded as high as GBX 864.52 ($11.72). Murray Income Trust shares last traded at GBX 860 ($11.65), with a volume of 81,739 shares.

Murray Income Trust Stock Up 0.3%

The company’s 50 day moving average price is GBX 831.15 and its 200 day moving average price is GBX 831.64. The firm has a market capitalization of £861.96 million, a price-to-earnings ratio of 9.51 and a beta of 0.80.

Murray Income Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of GBX 9.50 ($0.13) per share. This represents a yield of 1.17%. The ex-dividend date of this dividend is Thursday, May 15th. Murray Income Trust’s dividend payout ratio is presently 42.97%.

Murray Income Trust Company Profile

(Get Free Report)

An investment trust founded in 1923 aiming for high and growing income with capital growth.

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