TR Property Investment Trust (LON:TRY) Stock Price Passes Below Two Hundred Day Moving Average of $342.37

TR Property Investment Trust plc (LON:TRY) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 342.37 ($4.34) and traded as low as GBX 318.50 ($4.04). TR Property Investment Trust shares last traded at GBX 319 ($4.05), with a volume of 920,822 shares trading hands.

TR Property Investment Trust Stock Up 1.2 %

The company has a market cap of £1.02 billion, a price-to-earnings ratio of -181.25 and a beta of 0.93. The business has a 50-day simple moving average of GBX 381.93 and a two-hundred day simple moving average of GBX 342.37. The company has a quick ratio of 3.14, a current ratio of 4.28 and a debt-to-equity ratio of 7.12.

TR Property Investment Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, August 1st. Shareholders of record on Thursday, June 27th will be given a dividend of GBX 10.05 ($0.13) per share. The ex-dividend date of this dividend is Thursday, June 27th. This represents a yield of 3.05%. This is a boost from TR Property Investment Trust’s previous dividend of $5.65. TR Property Investment Trust’s dividend payout ratio is presently -852.27%.

Insider Buying and Selling at TR Property Investment Trust

In other news, insider Kate Bolsover acquired 6,670 shares of TR Property Investment Trust stock in a transaction dated Monday, April 8th. The stock was acquired at an average cost of GBX 313 ($3.97) per share, for a total transaction of £20,877.10 ($26,483.70). Corporate 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.