Dunedin Income Growth Investment Trust (LON:DIG) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Dunedin Income Growth Investment Trust PLC (LON:DIG)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 272.56 ($3.37) and traded as low as GBX 269.20 ($3.33). Dunedin Income Growth Investment Trust shares last traded at GBX 270.30 ($3.34), with a volume of 210,457 shares changing hands.

Dunedin Income Growth Investment Trust Trading Down 0.1 %

The company has a market capitalization of £384.37 million, a PE ratio of 1,802.00 and a beta of 0.73. The stock has a fifty day moving average of GBX 272.56 and a two-hundred day moving average of GBX 280.40. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 9.66.

Dunedin Income Growth Investment Trust Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, February 6th will be paid a GBX 3.20 ($0.04) dividend. This represents a dividend yield of 1.16%. The ex-dividend date is Thursday, February 6th. Dunedin Income Growth Investment Trust’s dividend payout ratio (DPR) is presently 9,333.33%.

About Dunedin Income Growth Investment Trust

Targeting growth of income and capital from a portfolio invested mainly in companies listed or quoted in the United Kingdom that meet the Company’s Sustainable and Responsible investing criteria