Income Financial Trust (TSE:INC.UN) Sets New 1-Year Low at $9.01

Income Financial Trust (TSE:INC.UN)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$9.01 and last traded at C$9.40, with a volume of 5223 shares changing hands. The stock had previously closed at C$9.18.

The firm has a market capitalization of $21.84 million and a P/E ratio of -12.32. The stock’s 50 day simple moving average is C$9.37 and its 200 day simple moving average is C$9.57.

About Income Financial Trust (TSE:INC.UN)

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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