Invesco Income Growth Trust (LON:IVI) Shares Cross Below Fifty Day Moving Average – Here’s Why

Invesco Income Growth Trust Plc (LON:IVIGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 278 ($3.61) and traded as low as GBX 270 ($3.51). Invesco Income Growth Trust shares last traded at GBX 278 ($3.61), with a volume of 47,441 shares.

Invesco Income Growth Trust Stock Performance

The company has a debt-to-equity ratio of 4.32, a quick ratio of 0.08 and a current ratio of 0.08. The stock has a market cap of £162.22 million and a P/E ratio of -5.42. The company’s 50 day moving average price is GBX 278 and its 200-day moving average price is GBX 278.

About Invesco Income Growth Trust

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Invesco Income Growth Trust plc is a close-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by INVESCO Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.

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