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

Shares of Income Financial Trust (TSE:INC.UNGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$7.84 and traded as high as C$8.17. Income Financial Trust shares last traded at C$7.90, with a volume of 3,200 shares traded.

Income Financial Trust Stock Up 2.9 %

The firm has a market cap of C$27.24 million, a P/E ratio of 5.77 and a beta of 1.57. The business’s 50 day moving average is C$7.84 and its 200-day moving average is C$7.65.

About Income Financial Trust

(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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