TR Property Investment Trust (LON:TRY) Stock price breaks below 200-day moving average of $420.55


The share price of TR Property Investment Trust plc (LON:TRY – Get Rating) fell below its 200-day moving average during Tuesday’s trading. The stock has a 200-day moving average of 420.55 GBX ($5.08) and is trading as low as 375 GBX ($4.53). Shares of TR Property Investment Trust last traded at GBX 375 ($4.53), with volume of 378,354 shares changing hands.

TR Property Investment Trust Share Performance

The company has a debt ratio of 5.90, a current ratio of 1.96 and a quick ratio of 1.05. The company has a fifty-day moving average price of 386.10 GBX and a 200-day moving average price of 420.55 GBX. The stock has a market capitalization of £1.18 billion and a P/E ratio of 421.35.

TR Property Investment Trust increases its dividend

The company also recently declared a dividend, which was paid on Tuesday, August 2. Shareholders of record on Thursday, June 23 received a dividend of GBX 9.20 ($0.11) per share. This represents a return of 2.25%. The ex-dividend date was Thursday, June 23. This is a positive change from TR Property Investment Trust’s previous dividend of $5.30. The payout ratio of TR Property Investment Trust is 16.07%.

Insiders place their bets

In other TR Property Investment Trust news, insider David Watson acquired 5,202 shares of TR Property Investment Trust in a trade dated Wednesday, July 20. The share was bought at an average cost of 382 GBX ($4.62) per share, for a total transaction of £19,871.64 ($24,011.16). In other news from TR Property Investment Trust, insider David Watson bought 5,202 shares of the company in a trade that took place on Wednesday July 20. The shares were acquired at an average price of 382 GBX ($4.62) per share, with a total value of £19,871.64 ($24,011.16). Additionally, insider Sarah-Jane Curtis purchased 4,772 shares of the company in a trade on Thursday, June 9. The shares were purchased at an average price of 417 GBX ($5.04) per share, with a total value of £19,899.24 ($24,044.51).

About TR Property Investment Trust

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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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