Murray Income Trust (LON:MUT) Hits New 12-Month High – What’s Next?

Murray Income Trust PLC (LON:MUTGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,030 and last traded at GBX 1,022, with a volume of 235254 shares trading hands. The stock had previously closed at GBX 1,014.

Murray Income Trust Stock Performance

The business’s fifty day moving average price is GBX 973.59 and its 200-day moving average price is GBX 944.79. The stock has a market cap of £953.67 million, a PE ratio of 8.54 and a beta of 1.18. The company has a debt-to-equity ratio of 11.09, a quick ratio of 3.63 and a current ratio of 31.72.

Insiders Place Their Bets

In related news, insider Jane Lewis bought 2,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of GBX 929 per share, for a total transaction of £18,580. 0.18% of the stock is currently owned by company 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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