Dunedin Income Growth Investment Trust (LON:DIG) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of Dunedin Income Growth Investment Trust PLC (LON:DIG) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 273.02 ($3.40) and traded as high as GBX 283 ($3.52). Dunedin Income Growth Investment Trust shares last traded at GBX 283 ($3.52), with a volume of 236,275 shares trading hands.

Dunedin Income Growth Investment Trust Stock Performance

The company has a quick ratio of 0.82, a current ratio of 1.10 and a debt-to-equity ratio of 9.66. The stock has a market capitalization of £400.30 million, a price-to-earnings ratio of 1,876.69 and a beta of 0.73. The stock’s 50-day simple moving average is GBX 273.02 and its 200 day simple moving average is GBX 279.38.

Dunedin Income Growth Investment Trust Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, February 6th will be issued a GBX 3.20 ($0.04) dividend. This represents a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, February 6th. Dunedin Income Growth Investment Trust’s payout ratio is currently 9,333.33%.

Dunedin Income Growth Investment Trust Company Profile

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