TwentyFour Income (LON:TFIF) Shares Cross Below 50 Day Moving Average – Here’s Why

Shares of TwentyFour Income (LON:TFIFGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 112.89 and traded as low as GBX 111.80. TwentyFour Income shares last traded at GBX 112.16, with a volume of 4,650,548 shares trading hands.

TwentyFour Income Stock Performance

The stock has a market capitalization of £902.07 million and a P/E ratio of 8.05. The business has a 50 day simple moving average of GBX 112.89 and a 200-day simple moving average of GBX 111.90.

TwentyFour Income Company Profile

(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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