Murray Income Trust (LON:MUT) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Murray Income Trust PLC (LON:MUT) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 926.95 and traded as low as GBX 917.04. Murray Income Trust shares last traded at GBX 924.93, with a volume of 256,190 shares trading hands.

Murray Income Trust Stock Performance

The company has a debt-to-equity ratio of 11.09, a quick ratio of 3.64 and a current ratio of 31.72. The company has a market capitalization of £889.96 million, a P/E ratio of 7.88 and a beta of 1.18. The business’s fifty day simple moving average is GBX 926.95 and its 200-day simple moving average is GBX 921.74.

Murray Income Trust (LON:MUT) last announced its quarterly earnings results on Friday, February 27th. The company reported GBX 13.90 earnings per share (EPS) for the quarter. Murray Income Trust had a net margin of 93.90% and a return on equity of 12.73%.

Insider Transactions at Murray Income Trust

In related news, insider Angus Franklin purchased 2,105 shares of Murray Income Trust stock in a transaction on Thursday, March 5th. The shares were bought at an average cost of GBX 945 per share, for a total transaction of £19,892.25. Corporate insiders own 0.18% of the company’s stock.

Murray Income Trust Company Profile

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