Income Financial Trust (TSE:INC.UN – Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$8.62 and traded as low as C$8.59. Income Financial Trust shares last traded at C$8.64, with a volume of 2,445 shares.
Income Financial Trust Stock Performance
The stock’s fifty day simple moving average is C$8.62 and its two-hundred day simple moving average is C$8.07. The company has a market cap of C$28.78 million, a price-to-earnings ratio of 6.09 and a beta of 1.57.
About Income Financial Trust
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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