Murray Income Trust (LON:MUT) Reaches New 12-Month Low – Time to Sell?

Murray Income Trust PLC (LON:MUTGet Free Report)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 804 ($10.35) and last traded at GBX 806.45 ($10.38), with a volume of 1189 shares changing hands. The stock had previously closed at GBX 814 ($10.47).

Murray Income Trust Price Performance

The company has a current ratio of 2.92, a quick ratio of 3.64 and a debt-to-equity ratio of 11.60. The company has a market capitalization of £832.47 million, a PE ratio of 1,130.56 and a beta of 0.80. The stock’s 50-day moving average is GBX 844.62 and its two-hundred day moving average is GBX 862.47.

Murray Income Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 13th will be issued a GBX 9.50 ($0.12) dividend. The ex-dividend date is Thursday, February 13th. This represents a dividend yield of 1.17%. Murray Income Trust’s payout ratio is 5,416.67%.

Murray Income Trust Company Profile

(Get Free Report)

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

Receive News & Ratings for Murray Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Murray Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.