STS Global Income & Growth Trust (LON:STS) Shares Cross Above Fifty Day Moving Average – Here’s Why

STS Global Income & Growth Trust (LON:STS) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 224.65 and traded as high as GBX 233. STS Global Income & Growth Trust shares last traded at GBX 226, with a volume of 103,761 shares.

STS Global Income & Growth Trust Price Performance

The company has a debt-to-equity ratio of 5.93, a current ratio of 0.30 and a quick ratio of 0.40. The stock has a market cap of £254.95 million, a P/E ratio of 11.40 and a beta of 0.54. The company’s 50 day simple moving average is GBX 224.86 and its 200 day simple moving average is GBX 232.55.

STS Global Income & Growth Trust (LON:STS) last issued its earnings results on Tuesday, May 19th. The company reported GBX 6.49 EPS for the quarter. STS Global Income & Growth Trust had a net margin of 142.51% and a negative return on equity of 4.38%. The firm had revenue of GBX 979 million during the quarter.

Insider Buying and Selling at STS Global Income & Growth Trust

In other news, insider Bridget Guerin sold 8,795 shares of the company’s stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of GBX 221, for a total value of £19,436.95. 0.55% of the stock is owned by company insiders.

STS Global Income & Growth Trust Company Profile

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. The fund invests in stocks of large-cap companies with market capitalizations over £1 billion. It benchmarks the performance of its portfolio against the MSCI World High Dividend Yield Index.