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

Shares of Income Financial Trust (TSE:INC.UNGet Free Report) hit a new 52-week high during trading on Friday . The company traded as high as C$8.65 and last traded at C$8.68, with a volume of 8818 shares trading hands. The stock had previously closed at C$8.63.

Income Financial Trust Trading Up 0.2 %

The company has a market capitalization of C$28.98 million, a P/E ratio of 6.13 and a beta of 1.57. The company’s fifty day moving average is C$8.14 and its 200 day moving average is C$7.81.

About Income Financial Trust

(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.

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