STS Global Income & Growth Trust (LON:STS) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of STS Global Income & Growth Trust (LON:STS) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 235.74 ($3.01) and traded as low as GBX 221 ($2.82). STS Global Income & Growth Trust shares last traded at GBX 228 ($2.91), with a volume of 116,731 shares trading hands.

STS Global Income & Growth Trust Stock Down 3.0 %

The firm has a market cap of £270.86 million, a PE ratio of 14.75 and a beta of 0.42. The company has a debt-to-equity ratio of 5.00, a current ratio of 0.15 and a quick ratio of 0.40. The business has a fifty day moving average price of GBX 241.62 and a two-hundred day moving average price of GBX 235.74.

STS Global Income & Growth Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 3rd will be paid a GBX 1.59 ($0.02) dividend. The ex-dividend date is Thursday, April 3rd. This represents a yield of 0.67%. STS Global Income & Growth Trust’s dividend payout ratio is presently 46.69%.

Insider Transactions at STS Global Income & Growth Trust

In related news, insider Sarah Harvey purchased 1,604 shares of STS Global Income & Growth Trust stock in a transaction on Tuesday, March 4th. The stock was bought at an average price of GBX 246 ($3.14) per share, with a total value of £3,945.84 ($5,041.96). 26.93% of the stock is currently owned by company insiders.

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.