STS Global Income & Growth Trust (LON:STS) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

STS Global Income & Growth Trust (LON:STS)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 240.50 and traded as low as GBX 235. STS Global Income & Growth Trust shares last traded at GBX 237, with a volume of 76,945 shares changing hands.

STS Global Income & Growth Trust Price Performance

The firm has a market capitalization of £276.52 million, a price-to-earnings ratio of 12.05 and a beta of 0.42. The company has a current ratio of 0.15, a quick ratio of 0.40 and a debt-to-equity ratio of 5.00. The stock’s fifty day moving average price is GBX 237.21 and its two-hundred day moving average price is GBX 240.44.

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

About STS Global Income & Growth Trust

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.