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

Dunedin Income Growth Investment Trust PLC (LON:DIG) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 272.56 ($3.37) and traded as low as GBX 269.20 ($3.33). Dunedin Income Growth Investment Trust shares last traded at GBX 270.30 ($3.34), with a volume of 210,457 shares.

Dunedin Income Growth Investment Trust Stock Down 0.1 %

The company has a debt-to-equity ratio of 9.66, a current ratio of 1.10 and a quick ratio of 0.82. The firm’s fifty day moving average price is GBX 272.56 and its two-hundred day moving average price is GBX 280.40. The stock has a market cap of £384.37 million, a price-to-earnings ratio of 1,802.00 and a beta of 0.73.

Dunedin Income Growth Investment Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, February 6th will be issued a GBX 3.20 ($0.04) dividend. The ex-dividend date is Thursday, February 6th. This represents a dividend yield of 1.16%. Dunedin Income Growth Investment Trust’s dividend payout ratio is presently 9,333.33%.

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