The share price of TR Property Investment Trust plc (LON:TRY – Get Rating) hit a new 52-week low on Tuesday. The company traded as low as 388.41 GBX ($4.71) and last traded at 389.60 GBX ($4.73), with trading volume of 117,726 shares. The stock had previously closed at GBX 392 ($4.76).
The company’s 50-day simple moving average is 428.61 GBX and its two-hundred-day simple moving average is 457.38 GBX. The company has a market cap of £1.24 billion and a price to earnings ratio of 4.41. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt ratio of 7.89.
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 9.20 GBX ($0.11). The ex-date of this dividend is Thursday, June 23. This represents a dividend yield of 2.25%. This is an increase from TR Property Investment Trust’s previous dividend of $5.30. TR Property Investment Trust’s dividend payout ratio is 0.16%.
Separately, insider Sarah-Jane Curtis acquired 4,772 shares of the company in a trade on Thursday, June 9. The share was acquired at an average price of 417 GBX ($5.06) per share, for a total transaction of £19,899.24 ($24,152.49).
TR Property Investment Trust Company Profile (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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