Income Financial Trust (TSE:INC.UN) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$9.01 and last traded at C$9.40, with a volume of 5223 shares trading hands. The stock had previously closed at C$9.18.
The stock has a market cap of $21.84 million and a price-to-earnings ratio of -12.32. The business has a 50 day simple moving average of C$9.37 and a two-hundred day simple moving average of C$9.57.
About Income Financial Trust (TSE:INC.UN)
Income Financial Trust is an open-ended equity mutual fund launched by Quadravest Inc The fund is managed by Quadravest Capital Management Inc It invests in the public equity markets of North America. The fund seeks to invest in stocks of companies operating in the financial services sector. It invests in stocks of companies that are included in the Toronto Stock Exchange Financial Services Index, the Standard & Poor's Financials Index or the Standard & Poor's MidCap Financials Index.
See Also: Closed-End Mutual Funds (CEFs)
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