Income Financial Trust (TSE:INC.UN) Stock Passes Below 50 Day Moving Average – Should You Sell?

Income Financial Trust (TSE:INC.UNGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$8.56 and traded as low as C$8.55. Income Financial Trust shares last traded at C$8.55, with a volume of 692 shares.

Income Financial Trust Price Performance

The firm has a market capitalization of C$28.64 million, a PE ratio of 6.06 and a beta of 1.57. The firm has a fifty day moving average price of C$8.56 and a 200 day moving average price of C$8.01.

About Income Financial Trust

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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.

Further Reading

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