Income Financial Trust (TSE:INC.UN – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as C$9.44 and last traded at C$9.39, with a volume of 4705 shares traded. The stock had previously closed at C$9.30.
Income Financial Trust Trading Up 1.0%
The firm has a market cap of C$31.53 million, a price-to-earnings ratio of 4.10 and a beta of 1.36. The company has a fifty day moving average price of C$9.21 and a 200-day moving average price of C$8.87.
Income Financial Trust Company Profile
To generate additional returns above the dividend and interest income earned on the Portfolio, Income Financial writes covered calls on all or part of the securities held in the Portfolio. The net proceeds from this offering will be used by Income Financial to invest in a diversified portfolio (the Portfolio) consisting principally of common shares issued by corporations whose shares are included in The Toronto Stock Exchange Financial Services Index (the TSE Financial Services Index), the Standard Poors Financials Index (the SP Financials Index) or the Standard Poors MidCap Financials Index (the SP MidCap Financials Index).
Read More
- Five stocks we like better than Income Financial Trust
- A month before the crash
- How a Family Trust May Be Able To Help Preserve Your Wealth
- BNZI: BNZI Surges Ahead as AI Marketing Fuels Record Revenue
- A Message From An Ex-CIA Officer About Trump
- S&P 8000
Receive News & Ratings for Income Financial Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Income Financial Trust and related companies with MarketBeat.com's FREE daily email newsletter.
