CT UK High Income Trust (LON:CHI) Announces Quarterly Earnings Results

CT UK High Income Trust (LON:CHI) posted its earnings results on Friday. The company reported GBX 4.85 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 669 million during the quarter. CT UK High Income Trust had a return on equity of 13.90% and a net margin of 128.77%.

CT UK High Income Trust Stock Up 1.4%

LON:CHI opened at GBX 112.50 on Friday. The firm has a market capitalization of £136.64 million, a PE ratio of 7.77 and a beta of 0.44. The stock has a 50 day moving average of GBX 108.18 and a 200-day moving average of GBX 112.17. CT UK High Income Trust has a 52 week low of GBX 97 and a 52 week high of GBX 126. The company has a current ratio of 671.64, a quick ratio of 1.06 and a debt-to-equity ratio of 12.34.

Insider Activity at CT UK High Income Trust

In related news, insider Stephen Mitchell bought 4,695 shares of the stock in a transaction dated Tuesday, March 24th. The stock was bought at an average cost of GBX 106 per share, with a total value of £4,976.70. Company insiders own 0.20% of the company’s stock.

About CT UK High Income Trust

CT UK High Income Trust aims to provide shareholders with an attractive level of income alongside the potential for capital growth. The Trust invests predominantly in UK equities. Investment is focused on a portfolio of quality businesses that aim to deliver a high level of growing income over time alongside capital growth for shareholders.

The trust has two classes of share – Ordinary shares and B shares – which pay the same level of quarterly cash distributions. The cash distributions on the Ordinary shares are paid as dividends while those on the B shares are paid by way of capital returns and therefore subject to capital gains tax (CGT) rules which can provide tax benefits to certain types of investors.