Income Financial Trust (TSE:INC.UN) Stock Crosses Below 200-Day Moving Average of $7.36

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Shares of Income Financial Trust (TSE:INC.UN) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.36 and traded as low as $6.61. Income Financial Trust shares last traded at $6.61, with a volume of 400 shares traded.

The firm has a market capitalization of $14.92 million and a PE ratio of -7.37. The company has a fifty day simple moving average of C$7.02 and a two-hundred day simple moving average of C$7.35.

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.

Read More: Neutral Rating

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