TwentyFour Income (LON:TFIF) Trading Down 0.5% – Here’s Why

TwentyFour Income (LON:TFIF)’s stock price was down 0.5% on Wednesday . The stock traded as low as GBX 113.40 and last traded at GBX 113.40. Approximately 425,739 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 1,783,712 shares. The stock had previously closed at GBX 114.

TwentyFour Income Price Performance

The company has a fifty day moving average price of GBX 112.76 and a 200 day moving average price of GBX 112.73. The company has a market cap of £918.60 million and a PE ratio of 9.10.

TwentyFour Income (LON:TFIF) last announced its earnings results on Tuesday, November 18th. The company reported GBX 6.18 earnings per share (EPS) for the quarter. TwentyFour Income had a net margin of 1,552.21% and a return on equity of 103.44%.

About TwentyFour Income

TwentyFour Income Fund Limited is a London listed closed-ended fund which targets less liquid, higher yielding UK and European asset backed securities.