Income Financial Trust (TSE:INC.UN) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Income Financial Trust (TSE:INC.UNGet Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$7.95 and traded as high as C$8.34. Income Financial Trust shares last traded at C$8.34, with a volume of 2,222 shares.

Income Financial Trust Stock Up 0.5 %

The firm has a market cap of C$27.94 million, a price-to-earnings ratio of 5.89 and a beta of 1.57. The firm has a fifty day moving average price of C$7.98 and a 200-day moving average price of C$7.71.

About Income Financial Trust

(Get Free Report)

Income Financial Trust is an open-ended equity mutual fund launched by Quadravest Inc The fund is managed by Quadravest Capital Management Inc It invests in the public equity markets of North America. The fund seeks to invest in stocks of companies operating in the financial services sector. It invests in stocks of companies that are included in the Toronto Stock Exchange Financial Services Index, the Standard & Poor’s Financials Index or the Standard & Poor’s MidCap Financials Index.

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