Aurora (LON:ARR) Stock Price Crosses Above Fifty Day Moving Average of $243.46

Shares of Aurora (LON:ARR) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 243.46 ($3.06) and traded as high as GBX 250.55 ($3.15). Aurora shares last traded at GBX 249.50 ($3.13), with a volume of 112,769 shares trading hands.

Aurora Trading Up 0.4 %

The firm has a 50 day moving average price of GBX 243.46 and a 200 day moving average price of GBX 236.37. The stock has a market capitalization of £190.58 million, a PE ratio of 1,188.10 and a beta of 1.32.

Aurora Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 20th. Shareholders of record on Thursday, May 9th will be given a GBX 3.45 ($0.04) dividend. This is a boost from Aurora’s previous dividend of $2.97. The ex-dividend date of this dividend is Thursday, May 9th. This represents a yield of 1.43%. Aurora’s dividend payout ratio is presently 1,428.57%.

About Aurora

Aurora Investment Trust plc is an open-ended equity mutual fund launched by Mars Asset Management Limited. The fund is managed by Phoenix Asset Management Partners Limited. It invests in the public equity markets of the United Kingdom. The fund makes its investments across diversified sectors. The fund primarily invests in equity securities, but with some exposure to fixed interest also.