Income Financial Trust (TSE:INC.UN) Reaches New 52-Week High – Time to Buy?

Income Financial Trust (TSE:INC.UNGet Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$8.80 and last traded at C$8.80, with a volume of 7168 shares changing hands. The stock had previously closed at C$8.64.

Income Financial Trust Stock Performance

The business has a 50 day simple moving average of C$8.23 and a 200-day simple moving average of C$7.84. The stock has a market capitalization of C$29.48 million, a P/E ratio of 6.24 and a beta of 1.57.

Income Financial Trust Company Profile

(Get Free Report)

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.

Further Reading

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