Income Financial Trust (TSE:INC.UN) Reaches New 1-Year High – Still a Buy?

Shares of Income Financial Trust (TSE:INC.UNGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$8.61 and last traded at C$8.57, with a volume of 1096 shares. The stock had previously closed at C$8.49.

Income Financial Trust Price Performance

The business has a 50-day moving average price of C$8.06 and a 200-day moving average price of C$7.76. The firm has a market capitalization of C$28.64 million, a price-to-earnings ratio of 6.06 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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