TwentyFour Income (LON:TFIF) Shares Cross Above 50-Day Moving Average – Should You Sell?

Shares of TwentyFour Income (LON:TFIFGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 105.52 ($1.32) and traded as high as GBX 108 ($1.35). TwentyFour Income shares last traded at GBX 108 ($1.35), with a volume of 508,648 shares changing hands.

TwentyFour Income Trading Up 0.2 %

The business’s fifty day moving average price is GBX 105.52 and its 200 day moving average price is GBX 104.84. The company has a market capitalization of £807.67 million and a P/E ratio of -3,600.00.

TwentyFour Income Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, November 1st. Shareholders of record on Thursday, October 17th were issued a dividend of GBX 2 ($0.03) per share. This represents a yield of 1.87%. The ex-dividend date of this dividend was Thursday, October 17th. TwentyFour Income’s payout ratio is -33,333.33%.

About TwentyFour Income

(Get Free Report)

TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.

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