TR Property Investment Trust (LON:TRY) Shares Pass Above 200-Day Moving Average – What’s Next?

TR Property Investment Trust plc (LON:TRY) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 308.21 ($4.14) and traded as high as GBX 338 ($4.54). TR Property Investment Trust shares last traded at GBX 338 ($4.54), with a volume of 451,293 shares changing hands.

TR Property Investment Trust Stock Up 1.3%

The company has a market capitalization of £1.07 billion, a PE ratio of 3.78 and a beta of 0.93. The stock has a 50-day moving average of GBX 319.31 and a 200 day moving average of GBX 308.21.

TR Property Investment Trust (LON:TRY) last issued its quarterly earnings results on Wednesday, June 11th. The company reported GBX 12.98 ($0.17) EPS for the quarter. TR Property Investment Trust had a return on equity of 24.54% and a net margin of 91.50%.

Insider Activity at TR Property Investment Trust

In other TR Property Investment Trust news, insider Sarah-Jane Curtis purchased 1,797 shares of the firm’s stock in a transaction that occurred on Wednesday, April 9th. The stock was bought at an average cost of GBX 277 ($3.72) per share, with a total value of £4,977.69 ($6,679.67). 5.03% of the stock is currently owned by company insiders.

About TR Property Investment Trust

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.