Dunedin Income Growth Investment Trust (LON:DIG) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Dunedin Income Growth Investment Trust PLC (LON:DIG) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 296.95 and traded as low as GBX 295.80. Dunedin Income Growth Investment Trust shares last traded at GBX 308, with a volume of 271,816 shares changing hands.

Dunedin Income Growth Investment Trust Stock Up 2.0%

The company has a debt-to-equity ratio of 12.54, a current ratio of 0.43 and a quick ratio of 0.82. The business’s fifty day simple moving average is GBX 296.95 and its two-hundred day simple moving average is GBX 300.15. The company has a market cap of £367.60 million, a PE ratio of 42.54 and a beta of 1.03.

Dunedin Income Growth Investment Trust (LON:DIG) last released its quarterly earnings data on Thursday, April 9th. The company reported GBX 13.64 earnings per share for the quarter. Dunedin Income Growth Investment Trust had a net margin of 83.32% and a return on equity of 6.95%. The company had revenue of GBX 2,001 million during the quarter.

About Dunedin Income Growth Investment Trust

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