STS Global Income & Growth Trust (LON:STS) Shares Cross Below Two Hundred Day Moving Average of $218.89

STS Global Income & Growth Trust (LON:STS)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 218.89 ($2.78) and traded as low as GBX 214 ($2.71). STS Global Income & Growth Trust shares last traded at GBX 214 ($2.71), with a volume of 220,500 shares traded.

STS Global Income & Growth Trust Stock Down 2.3 %

The firm has a market capitalization of £293.50 million, a price-to-earnings ratio of -5,350.00 and a beta of 0.45. The stock has a 50 day moving average of GBX 218.12 and a 200 day moving average of GBX 218.89. The company has a quick ratio of 0.40, a current ratio of 0.21 and a debt-to-equity ratio of 7.67.

STS Global Income & Growth Trust Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 6th will be paid a GBX 1.53 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a yield of 0.69%. STS Global Income & Growth Trust’s dividend payout ratio (DPR) is -17,500.00%.

About STS Global Income & Growth Trust

Securities Trust of Scotland plc is a closed-ended equity mutual fund launched and managed by Martin Currie Fund Management Limited. It is co-managed by Martin Currie Investment Management Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.