Mexico Equity and Income Fund (NYSE:MXE) Shares Cross Above 50-Day Moving Average of $10.33

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Mexico Equity and Income Fund Inc (NYSE:MXE) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10.33 and traded as high as $10.27. Mexico Equity and Income Fund shares last traded at $10.27, with a volume of 800 shares changing hands.

The stock has a fifty day moving average price of $10.33 and a two-hundred day moving average price of $10.74.

About Mexico Equity and Income Fund (NYSE:MXE)

Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.

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