Income Financial Trust (TSE:INC.UN) Stock Passes Above 50 Day Moving Average – Here’s Why

Income Financial Trust (TSE:INC.UNGet Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$7.95 and traded as high as C$8.34. Income Financial Trust shares last traded at C$8.34, with a volume of 2,222 shares.

Income Financial Trust Trading Up 0.5 %

The stock’s 50-day moving average price is C$7.98 and its 200-day moving average price is C$7.71. The company has a market capitalization of C$27.94 million, a P/E ratio of 5.89 and a beta of 1.57.

About Income Financial Trust

(Get Free Report)

Income Financial Trust is an open-ended equity mutual fund launched by Quadravest Inc The fund is managed by Quadravest Capital Management Inc It invests in the public equity markets of North America. The fund seeks to invest in stocks of companies operating in the financial services sector. It invests in stocks of companies that are included in the Toronto Stock Exchange Financial Services Index, the Standard & Poor’s Financials Index or the Standard & Poor’s MidCap Financials Index.

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