TR Property Investment Trust (LON:TRY) stock breaks below the 200-day moving average of $448.77

TR Property Investment Trust plc (LON:TRY – Get Rating) fell below its two hundred day moving average during Wednesday’s trading. The stock has a two hundred day moving average of 448.77 GBX ($5.51) and is trading as low as 379.50 GBX ($4.66). Shares of TR Property Investment Trust last traded at GBX 382 ($4.69), with volume at 679,628 shares.

The company has a debt ratio of 7.89, a current ratio of 1.96 and a quick ratio of 1.96. The stock has a market capitalization of £1.21 billion and a PE ratio of 4.30. The company has a fifty-day moving average price of 410.27 GBX and a two-hundred-day moving average price of 448.77 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 purchased 4,772 shares in a trade dated Thursday, June 9. The shares were acquired at an average cost of 417 GBX ($5.12) per share, for a total transaction of £19,899.24 ($24,413.25).

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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