STS Global Income & Growth Trust (LON:STS) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

STS Global Income & Growth Trust (LON:STS) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 242.25 and traded as low as GBX 239. STS Global Income & Growth Trust shares last traded at GBX 239, with a volume of 76,525 shares.

STS Global Income & Growth Trust Stock Up 1.7%

The stock’s 50 day moving average price is GBX 241.83 and its 200-day moving average price is GBX 242.25. The company has a debt-to-equity ratio of 5.00, a quick ratio of 0.40 and a current ratio of 0.15. The company has a market cap of £283.14 million, a PE ratio of 10.33 and a beta of 0.42.

Insiders Place Their Bets

In related news, insider Bridget Guerin purchased 4,002 shares of STS Global Income & Growth Trust stock in a transaction that occurred on Tuesday, September 9th. The shares were acquired at an average cost of GBX 248 per share, for a total transaction of £9,924.96. 0.54% of the stock is owned by corporate insiders.

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.