Murray Income Trust PLC (LON:MUT) Insider Buys £1,800 in Stock

Murray Income Trust PLC (LON:MUT) insider Peter Tait bought 5,000 shares of the stock in a transaction dated Friday, December 13th. The shares were acquired at an average price of GBX 36 ($0.46) per share, for a total transaction of £1,800 ($2,281.66).

Murray Income Trust Stock Performance

LON:MUT traded up GBX 2 ($0.03) during midday trading on Friday, reaching GBX 823 ($10.43). The stock had a trading volume of 153,053 shares, compared to its average volume of 199,891. The firm has a fifty day simple moving average of GBX 826.22 and a two-hundred day simple moving average of GBX 852.84. Murray Income Trust PLC has a 12-month low of GBX 797.45 ($10.11) and a 12-month high of GBX 908 ($11.51). The company has a quick ratio of 3.64, a current ratio of 2.92 and a debt-to-equity ratio of 11.60. The stock has a market cap of £854.44 million, a P/E ratio of 1,146.18 and a beta of 0.80.

Murray Income Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 13th will be given a GBX 9.50 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a yield of 1.17%. Murray Income Trust’s dividend payout ratio (DPR) is 5,416.67%.

Murray Income Trust Company Profile

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.