STS Global Income & Growth Trust (LON:STS) Share Price Crosses Below 200 Day Moving Average – Here’s Why

STS Global Income & Growth Trust (LON:STS)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 240.80 and traded as low as GBX 235.10. STS Global Income & Growth Trust shares last traded at GBX 236.08, with a volume of 19,864 shares changing hands.

STS Global Income & Growth Trust Stock Up 0.0%

The business has a 50 day moving average of GBX 237.78 and a two-hundred day moving average of GBX 240.80. The stock has a market capitalization of £273.14 million, a PE ratio of 11.91 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.

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

STS Global Income & Growth Trust Company Profile

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.