Aurora Investment Trust (LON:ARR) Shares Pass Above 50 Day Moving Average – Here’s Why

Aurora Investment Trust plc (LON:ARRGet Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 228.45 ($2.87) and traded as high as GBX 239 ($3.00). Aurora Investment Trust shares last traded at GBX 238 ($2.99), with a volume of 24,080 shares.

Aurora Investment Trust Price Performance

The company has a market capitalization of £269.25 million, a P/E ratio of 5.28 and a beta of 1.29. The stock has a 50-day moving average price of GBX 228.45 and a 200-day moving average price of GBX 242.64.

Insider Buying and Selling at Aurora Investment Trust

In related news, insider Lucy Walker acquired 4,750 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were bought at an average cost of GBX 226 ($2.84) per share, for a total transaction of £10,735 ($13,491.27). Corporate insiders own 0.13% of the company’s stock.

Aurora Investment Trust Company Profile

(Get Free Report)

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.

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