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

Murray Income Trust PLC (LON:MUTGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 916.08 and traded as high as GBX 933. Murray Income Trust shares last traded at GBX 931.96, with a volume of 83,571 shares trading hands.

Murray Income Trust Stock Up 1.1%

The business has a 50-day simple moving average of GBX 916.08 and a two-hundred day simple moving average of GBX 906.13. The stock has a market capitalization of £886.77 million, a price-to-earnings ratio of 41.24 and a beta of 0.80.

Insiders Place Their Bets

In other news, insider Angus Franklin bought 2,263 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were purchased at an average cost of GBX 879 per share, with a total value of £19,891.77. 0.19% of the stock is owned by corporate insiders.

About Murray Income Trust

(Get Free Report)

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

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