Murray Income Trust (LON:MUT) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Murray Income Trust PLC (LON:MUTGet Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 934.87 and traded as high as GBX 955. Murray Income Trust shares last traded at GBX 946, with a volume of 132,737 shares trading hands.

Murray Income Trust Stock Performance

The company has a 50 day simple moving average of GBX 934.87 and a 200 day simple moving average of GBX 924.39. The company has a current ratio of 31.72, a quick ratio of 3.64 and a debt-to-equity ratio of 11.09. The stock has a market capitalization of £885.12 million, a PE ratio of 7.90 and a beta of 1.18.

Insider Buying and Selling

In related news, insider Jane Lewis acquired 2,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average price of GBX 929 per share, with a total value of £18,580. Corporate insiders own 0.20% of the company’s stock.

Murray Income Trust Company Profile

(Get Free Report)

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

See Also

Receive News & Ratings for Murray Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murray Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.