TR Property Investment Trust (LON:TRY) Share Price Crosses Above Two Hundred Day Moving Average of $297.75

TR Property Investment Trust plc (LON:TRYGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 297.75 ($3.73) and traded as high as GBX 317.50 ($3.98). TR Property Investment Trust shares last traded at GBX 316.50 ($3.97), with a volume of 1,312,146 shares trading hands.

TR Property Investment Trust Price Performance

The company has a debt-to-equity ratio of 7.12, a current ratio of 4.28 and a quick ratio of 3.14. The firm has a market cap of £1.00 billion, a PE ratio of -179.83 and a beta of 0.93. The firm has a 50-day simple moving average of GBX 324.45 and a 200 day simple moving average of GBX 297.75.

TR Property Investment Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 11th. Investors of record on Thursday, December 14th were issued a GBX 5.65 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a yield of 1.83%. TR Property Investment Trust’s payout ratio is -852.27%.

Insider Buying and Selling

In other news, insider Andrew Vaughan purchased 23,148 shares of the business’s stock in a transaction on Wednesday, January 31st. The stock was acquired at an average cost of GBX 324 ($4.06) per share, for a total transaction of £74,999.52 ($94,019.71). In related news, insider Tim Gillbanks acquired 5,000 shares of the stock in a transaction dated Tuesday, January 23rd. The shares were purchased at an average cost of GBX 314 ($3.94) per share, with a total value of £15,700 ($19,681.58). Also, insider Andrew Vaughan acquired 23,148 shares of the stock in a transaction dated Wednesday, January 31st. The shares were bought at an average cost of GBX 324 ($4.06) per share, for a total transaction of £74,999.52 ($94,019.71). 5.03% of the stock is owned by corporate insiders.

TR Property Investment Trust Company Profile

(Get Free Report)

TR Property Investment Trust plc is a closed-ended equity mutual fund launched by F&C Investment Business Ltd. The fund is managed by Thames River Capital LLP. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies that are operating in the real estate sector.

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