CT UK High Income Trust (LON:CHI) Insider Buys £4,976.70 in Stock

CT UK High Income Trust Plc (LON:CHI) insider Stephen Mitchell acquired 4,695 shares of CT UK High Income Trust stock in a transaction that occurred on Tuesday, March 24th. The shares were bought at an average price of GBX 106 per share, with a total value of £4,976.70.

CT UK High Income Trust Price Performance

Shares of LON CHI opened at GBX 105.88 on Wednesday. The company has a debt-to-equity ratio of 12.34, a current ratio of 671.64 and a quick ratio of 1.06. CT UK High Income Trust Plc has a 1-year low of GBX 85.55 and a 1-year high of GBX 126. The business’s fifty day moving average price is GBX 116.31 and its two-hundred day moving average price is GBX 111.23. The firm has a market capitalization of £128.60 million, a PE ratio of 7.32 and a beta of 0.65.

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.