Murray Income Trust (LON:MUT) Reaches New 1-Year Low – Here’s What Happened

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

Murray Income Trust Stock Performance

The firm has a market capitalization of £832.47 million, a PE ratio of 1,130.56 and a beta of 0.80. The business has a 50-day simple moving average of GBX 844.62 and a 200-day simple moving average of GBX 862.47. The company has a debt-to-equity ratio of 11.60, a current ratio of 2.92 and a quick ratio of 3.64.

Murray Income Trust Cuts Dividend

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

About Murray Income Trust

(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

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