Income Financial Trust (TSE:INC.UN) Shares Cross Below Fifty Day Moving Average of $13.79

Income Financial Trust (TSE:INC.UN – Get Rating)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$13.79 and traded as low as C$13.36. Income Financial Trust shares last traded at C$13.55, with a volume of 7,813 shares traded.

The stock has a fifty day simple moving average of C$13.79 and a two-hundred day simple moving average of C$14.34. The stock has a market capitalization of C$34.08 million and a price-to-earnings ratio of 7.73.

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.

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