TwentyFour Select Monthly Income Fund (LON:SMIF) Stock Price Down 0.5% – What’s Next?

TwentyFour Select Monthly Income Fund Limited (LON:SMIFGet Free Report) shares traded down 0.5% during mid-day trading on Friday . The company traded as low as GBX 87 and last traded at GBX 87.20. 781,965 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 998,361 shares. The stock had previously closed at GBX 87.60.

TwentyFour Select Monthly Income Fund Stock Down 0.5%

The company has a market cap of £286.14 million and a price-to-earnings ratio of 5.45. The business’s fifty day simple moving average is GBX 87 and its two-hundred day simple moving average is GBX 87.23.

TwentyFour Select Monthly Income Fund (LON:SMIFGet Free Report) last issued its earnings results on Thursday, December 11th. The company reported GBX 9.70 earnings per share (EPS) for the quarter.

TwentyFour Select Monthly Income Fund Company Profile

(Get Free Report)

TwentyFour Select Monthly Income Fund is a London listed closed-ended fund which is designed to take advantage of the premium returns available from “less liquid” instruments across the debt spectrum. These securities, do not offer enough liquidity for daily priced OEICs, but are well suited to a traded closed-ended vehicle, where investors can obtain liquidity via the exchange and the quarterly buyback facility that the fund offers.

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