Income Financial Trust (TSE:INC.UN) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Income Financial Trust (TSE:INC.UNGet Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$8.71 and traded as high as C$8.96. Income Financial Trust shares last traded at C$8.89, with a volume of 1,680 shares traded.

Income Financial Trust Stock Performance

The business has a fifty day moving average price of C$8.71 and a 200 day moving average price of C$8.23. The company has a market capitalization of C$29.78 million, a PE ratio of 6.30 and a beta of 1.57.

Income Financial Trust Company Profile

(Get Free Report)

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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