TwentyFour Income (LON:TFIF) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

TwentyFour Income (LON:TFIFGet Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 113.56 and traded as low as GBX 112.40. TwentyFour Income shares last traded at GBX 112.40, with a volume of 1,372,536 shares changing hands.

TwentyFour Income Price Performance

The stock has a market capitalization of £927.11 million and a P/E ratio of 9.05. The company’s 50-day simple moving average is GBX 113.56 and its 200-day simple moving average is GBX 112.93.

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

TwentyFour Income Company Profile

(Get Free Report)

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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