TR Property Investment Trust (LON:TRY) hits new 12-month low at $380.00

The share price of TR Property Investment Trust plc (LON:TRY – Get Rating) hit a fresh 52-week low midday on Wednesday. The stock traded as low as GBX 380 ($4.65) and last traded at GBX 381.66 ($4.67), with volume at 13,589 shares. The stock had previously closed at GBX 388 ($4.75).

The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt ratio of 7.89. The stock has a market capitalization of £1.21 billion and a price-earnings ratio of 4.37. The company’s 50-day moving average is 420.06 GBX and its 200-day moving average is 453.34 GBX.

The company also recently announced a dividend, which will be paid on Tuesday, August 2. Shareholders of record on Thursday, June 23 will receive a dividend of GBX 9.20 ($0.11) per share. This represents a return of 2.25%. This is a boost from TR Property Investment Trust’s previous dividend of $5.30. The ex-dividend date is Thursday, June 23. TR Property Investment Trust’s dividend payout ratio is currently 0.16%.

Separately, insider Sarah-Jane Curtis acquired 4,772 shares of the company in a trade on Thursday, June 9. The shares were purchased at an average cost of 417 GBX ($5.11) per share, with a total value of £19,899.24 ($24,374.38).

About TR Property Investment Trust (LON: TRY)

TR Property Investment Trust plc is a closed-end mutual fund launched by F&C Investment Business Ltd. The fund is managed by Thames River Capital LLP. It invests in European stock markets. The fund seeks to invest in shares of companies active in the real estate sector.

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