TR Property Investment Trust (LON:TRY) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Posted by ABMN Staff on Jan 4th, 2025

Shares of TR Property Investment Trust plc (LON:TRY – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 329.86 ($4.10) and traded as low as GBX 312 ($3.88). TR Property Investment Trust shares last traded at GBX 313 ($3.89), with a volume of 515,558 shares trading hands.

TR Property Investment Trust Stock Down 0.3 %

The firm’s 50-day simple moving average is GBX 314.91 and its 200 day simple moving average is GBX 329.86. The company has a debt-to-equity ratio of 7.12, a quick ratio of 3.14 and a current ratio of 4.28. The stock has a market capitalization of £993.31 million, a P/E ratio of -177.84 and a beta of 0.93.

TR Property Investment Trust Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, December 12th will be issued a dividend of GBX 5.65 ($0.07) per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 1.78%. TR Property Investment Trust’s payout ratio is presently -852.27%.

Insider Activity at TR Property Investment Trust

In other news, insider Kate Bolsover purchased 4,683 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were purchased at an average cost of GBX 318 ($3.95) per share, with a total value of £14,891.94 ($18,499.30). Also, insider Andrew Vaughan acquired 12,675 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was purchased at an average cost of GBX 316 ($3.93) per share, with a total value of £40,053 ($49,755.28). Insiders own 5.03% of the company’s stock.

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.