STS Global Income & Growth Trust (LON:STS) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

Shares of STS Global Income & Growth Trust (LON:STS) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 228.07 and traded as high as GBX 231. STS Global Income & Growth Trust shares last traded at GBX 227, with a volume of 123,841 shares.

STS Global Income & Growth Trust Stock Performance

The stock has a market capitalization of £251.99 million, a price-to-earnings ratio of -22.93 and a beta of 0.55. The company has a 50 day simple moving average of GBX 228.17 and a 200-day simple moving average of GBX 228.36. The company has a quick ratio of 0.40, a current ratio of 0.30 and a debt-to-equity ratio of 5.93.

STS Global Income & Growth Trust (LON:STS) last announced its quarterly earnings data on Tuesday, May 19th. The company reported GBX 6.49 EPS for the quarter. The company had revenue of GBX 979 million during the quarter. STS Global Income & Growth Trust had a net margin of 142.51% and a negative return on equity of 4.38%.

About STS Global Income & Growth Trust

Securities Trust of Scotland plc is a closed-ended equity mutual fund launched and managed by Martin Currie Fund Management Limited. It is co-managed by Martin Currie Investment Management Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in stocks of large-cap companies with market capitalizations over £1 billion. It benchmarks the performance of its portfolio against the MSCI World High Dividend Yield Index.