Income Financial Trust (TSE:INC.UN) Stock Crosses Above 50 Day Moving Average of $7.51

Shares of Income Financial Trust (TSE:INC.UNGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$7.51 and traded as high as C$7.61. Income Financial Trust shares last traded at C$7.52, with a volume of 1,201 shares trading hands.

Income Financial Trust Price Performance

The company has a market cap of C$25.19 million, a price-to-earnings ratio of 22.12 and a beta of 1.61. The business has a 50 day simple moving average of C$7.51 and a 200 day simple moving average of C$7.18.

About Income Financial Trust

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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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