Dunedin Income Growth Investment Trust (LON:DIG) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Dunedin Income Growth Investment Trust PLC (LON:DIG)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 280.12 ($3.64) and traded as high as GBX 289 ($3.76). Dunedin Income Growth Investment Trust shares last traded at GBX 288 ($3.75), with a volume of 188,980 shares trading hands.

Dunedin Income Growth Investment Trust Stock Performance

The company has a debt-to-equity ratio of 10.60, a current ratio of 0.43 and a quick ratio of 0.82. The firm has a market cap of £386.49 million, a price-to-earnings ratio of 10.62 and a beta of 0.73. The company has a fifty day moving average price of GBX 280.12 and a two-hundred day moving average price of GBX 278.43.

Dunedin Income Growth Investment Trust Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 6th were issued a GBX 3.20 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, February 6th. This represents a dividend yield of 1.16%. Dunedin Income Growth Investment Trust’s dividend payout ratio (DPR) is 51.60%.

Dunedin Income Growth Investment Trust Company Profile

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