Income Financial Trust (TSE:INC.UN) Share Price Crosses Below 50 Day Moving Average – What’s Next?

by · The Cerbat Gem

Income Financial Trust (TSE:INC.UN – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$8.56 and traded as low as C$8.55. Income Financial Trust shares last traded at C$8.55, with a volume of 692 shares changing hands.

Income Financial Trust Stock Performance

The company has a market cap of C$28.64 million, a price-to-earnings ratio of 6.06 and a beta of 1.57. The business’s 50 day simple moving average is C$8.56 and its 200-day simple moving average is C$8.01.

Income Financial Trust Company Profile

(Get Free Report)

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.

Further Reading