TwentyFour Select Monthly Income Fund (LON:SMIF) Sets New 52-Week High – Here’s What Happened

TwentyFour Select Monthly Income Fund Limited (LON:SMIFGet Free Report)’s share price reached a new 52-week high on Friday . The company traded as high as GBX 90 and last traded at GBX 87.80, with a volume of 2086566 shares. The stock had previously closed at GBX 87.40.

TwentyFour Select Monthly Income Fund Trading Up 0.5%

The business has a fifty day moving average of GBX 87.56 and a 200-day moving average of GBX 87.40. The company has a market cap of £303.65 million and a PE ratio of 9.05.

TwentyFour Select Monthly Income Fund (LON:SMIFGet Free Report) last released its quarterly earnings data on Thursday, December 11th. The company reported GBX 9.70 earnings per share for the quarter.

About TwentyFour Select Monthly Income Fund

(Get Free Report)

TwentyFour Select Monthly Income Fund is a London listed closed-ended fund which is designed to take advantage of the premium returns available from “less liquid” instruments across the debt spectrum. These securities, do not offer enough liquidity for daily priced OEICs, but are well suited to a traded closed-ended vehicle, where investors can obtain liquidity via the exchange and the quarterly buyback facility that the fund offers.

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