STS Global Income & Growth Trust (LON:STS) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

STS Global Income & Growth Trust (LON:STS)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 242.29 and traded as low as GBX 239.99. STS Global Income & Growth Trust shares last traded at GBX 243, with a volume of 90,868 shares traded.

STS Global Income & Growth Trust Price Performance

The firm has a market capitalization of £281.27 million, a P/E ratio of 10.38 and a beta of 0.42. The company has a quick ratio of 0.40, a current ratio of 0.15 and a debt-to-equity ratio of 5.00. The business’s 50 day moving average is GBX 240.42 and its 200-day moving average is GBX 242.28.

STS Global Income & Growth Trust (LON:STS) last released its earnings results on Wednesday, December 3rd. The company reported GBX 3.18 earnings per share for the quarter. STS Global Income & Growth Trust had a return on equity of 6.50% and a net margin of 88.82%.

STS Global Income & Growth Trust Company Profile

Securities Trust of Scotland plc is a closed-ended equity mutual fund launched and managed by Martin Currie Fund Management Limited. It is co-managed by Martin Currie Investment Management Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in stocks of large-cap companies with market capitalizations over £1 billion. It benchmarks the performance of its portfolio against the MSCI World High Dividend Yield Index.