STS Global Income & Growth Trust (LON:STS) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

STS Global Income & Growth Trust (LON:STS)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 229.04 and traded as low as GBX 228. STS Global Income & Growth Trust shares last traded at GBX 228, with a volume of 221,086 shares changing hands.

STS Global Income & Growth Trust Stock Down 0.4%

The stock has a market cap of £254.23 million, a PE ratio of -23.03 and a beta of 0.55. The company has a current ratio of 0.30, a quick ratio of 0.40 and a debt-to-equity ratio of 5.93. The business has a 50-day moving average price of GBX 227.74 and a 200-day moving average price of GBX 228.94.

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

About STS Global Income & Growth Trust

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.