TwentyFour Income (LON:TFIF) Share Price Crosses Below 50-Day Moving Average – Here’s Why

TwentyFour Income (LON:TFIFGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 113.55 and traded as low as GBX 112.60. TwentyFour Income shares last traded at GBX 113, with a volume of 2,304,815 shares changing hands.

TwentyFour Income Trading Up 0.2%

The company has a market cap of £949.32 million and a price-to-earnings ratio of 9.06. The company’s 50 day moving average price is GBX 113.55 and its 200 day moving average price is GBX 113.03.

TwentyFour Income (LON:TFIFGet Free Report) last issued its quarterly earnings results on Tuesday, November 18th. The company reported GBX 6.18 earnings per share (EPS) for the quarter. TwentyFour Income had a net margin of 1,552.21% and a return on equity of 103.44%.

TwentyFour Income Company Profile

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TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.

Further Reading

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