Invesco Enhanced Income (LON:IPE) Shares Up 2,020.7% – Time to Buy?

Invesco Enhanced Income Limited (LON:IPEGet Free Report) shot up 2,020.7% on Thursday . The stock traded as high as GBX 73.80 ($0.94) and last traded at GBX 73.80 ($0.94). 18,371 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 289,068 shares. The stock had previously closed at GBX 3.48 ($0.04).

Invesco Enhanced Income Price Performance

The stock has a market capitalization of £128.76 million and a price-to-earnings ratio of -14.19. The company has a debt-to-equity ratio of 18.53, a quick ratio of 0.13 and a current ratio of 0.32. The company has a fifty day simple moving average of GBX 73.80 and a two-hundred day simple moving average of GBX 73.80.

About Invesco Enhanced Income

(Get Free Report)

Invesco Perpetual Enhanced Income Limited is a closed-ended fixed income mutual fund launched and managed by Invesco Fund Managers Limited. It is also co-managed by Invesco Asset Management Limited. The fund invests in fixed income markets of the United Kingdom. It seeks to invest in securities of companies operating across diversified sectors.

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