Dunedin Income Growth Investment Trust (LON:DIG) Stock Passes Above 50 Day Moving Average – Should You Sell?

Dunedin Income Growth Investment Trust PLC (LON:DIGGet Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 298.87 and traded as high as GBX 301. Dunedin Income Growth Investment Trust shares last traded at GBX 297, with a volume of 60,010 shares traded.

Dunedin Income Growth Investment Trust Price Performance

The company’s 50-day simple moving average is GBX 298.87 and its 200 day simple moving average is GBX 297.55. The company has a quick ratio of 0.82, a current ratio of 0.43 and a debt-to-equity ratio of 10.60. The stock has a market capitalization of £358.81 million, a price-to-earnings ratio of 41.02 and a beta of 0.73.

Dunedin Income Growth Investment Trust (LON:DIGGet Free Report) last announced its quarterly earnings results on Thursday, September 25th. The company reported GBX 7.82 earnings per share for the quarter. Dunedin Income Growth Investment Trust had a return on equity of 8.64% and a net margin of 88.71%.

About Dunedin Income Growth Investment Trust

(Get Free Report)

Targeting growth of income and capital from a portfolio invested mainly in companies listed or quoted in the United Kingdom that meet the Company’s Sustainable and Responsible investing criteria

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