Aurora Investment Trust (LON:ARR) Shares Pass Above 50 Day Moving Average – Time to Sell?

Aurora Investment Trust plc (LON:ARR) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 227.96 ($2.81) and traded as high as GBX 235 ($2.90). Aurora Investment Trust shares last traded at GBX 235 ($2.90), with a volume of 482,907 shares trading hands.

Aurora Investment Trust Price Performance

The company has a market capitalization of £179.28 million, a price-to-earnings ratio of 335.71 and a beta of 1.29. The stock has a 50-day moving average price of GBX 227.96 and a 200-day moving average price of GBX 246.69.

Aurora Investment Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, October 31st were given a GBX 3 ($0.04) dividend. The ex-dividend date was Thursday, October 31st. This represents a dividend yield of 1.18%. Aurora Investment Trust’s payout ratio is 428.57%.

Insider Activity

In other news, insider Lucy Walker purchased 4,750 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The stock was acquired at an average cost of GBX 226 ($2.79) per share, with a total value of £10,735 ($13,236.74). Insiders own 0.13% of the company’s stock.

Aurora Investment Trust Company Profile

Aurora UK Alpha plc is a UK listed Investment Trust which strives to provide shareholders with long term returns through capital and income growth by investing predominantly in a portfolio of UK listed companies.