TR Property Investment Trust (LON:TRY) Stock Price Crosses Below 200-Day Moving Average of $341.98

Shares of TR Property Investment Trust plc (LON:TRY) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 341.98 ($4.35) and traded as low as GBX 316 ($4.02). TR Property Investment Trust shares last traded at GBX 320 ($4.07), with a volume of 927,486 shares.

TR Property Investment Trust Stock Up 1.4 %

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 firm has a fifty day simple moving average of GBX 381.07 and a 200-day simple moving average of GBX 341.98. The company has a market capitalization of £1.02 billion, a PE ratio of -181.82 and a beta of 0.93.

TR Property Investment Trust Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, August 1st. Stockholders of record on Thursday, June 27th will be issued a GBX 10.05 ($0.13) dividend. This is a positive change from TR Property Investment Trust’s previous dividend of $5.65. The ex-dividend date is Thursday, June 27th. This represents a dividend yield of 3.05%. TR Property Investment Trust’s dividend payout ratio is -852.27%.

Insider Activity

In other news, insider Kate Bolsover acquired 6,670 shares of the business’s stock in a transaction dated Monday, April 8th. The stock was acquired at an average price of GBX 313 ($3.98) per share, for a total transaction of £20,877.10 ($26,527.45). Insiders own 5.03% of the company’s stock.

TR Property Investment Trust Company Profile

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.