Income Financial Trust (TSE:INC.UN – Get Free Report)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as C$11.00 and last traded at C$10.50, with a volume of 1617 shares trading hands. The stock had previously closed at C$10.15.
Income Financial Trust Trading Up 1.2%
The stock has a market capitalization of C$32.70 million, a PE ratio of 5.27 and a beta of 1.21. The firm’s 50-day simple moving average is C$10.21 and its two-hundred day simple moving average is C$9.74.
About Income Financial Trust
To generate additional returns above the dividend and interest income earned on the Portfolio, Income Financial writes covered calls on all or part of the securities held in the Portfolio. The net proceeds from this offering will be used by Income Financial to invest in a diversified portfolio (the Portfolio) consisting principally of common shares issued by corporations whose shares are included in The Toronto Stock Exchange Financial Services Index (the TSE Financial Services Index), the Standard Poors Financials Index (the SP Financials Index) or the Standard Poors MidCap Financials Index (the SP MidCap Financials Index).
Featured Articles
- Five stocks we like better than Income Financial Trust
- Quantum Earnings Week: Winners and Losers Are Finally Emerging
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
- Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside
- AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Receive News & Ratings for Income Financial Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Income Financial Trust and related companies with MarketBeat.com's FREE daily email newsletter.
