TR Property Investment Trust (LON:TRY) Hits New 52-Week High – Here’s What Happened

Shares of TR Property Investment Trust plc (LON:TRY) reached a new 52-week high on Tuesday . The company traded as high as GBX 345 and last traded at GBX 344.47, with a volume of 634504 shares. The stock had previously closed at GBX 342.15.

TR Property Investment Trust Price Performance

The firm has a fifty day simple moving average of GBX 325.13 and a 200-day simple moving average of GBX 323.19. The firm has a market cap of £1.09 billion, a P/E ratio of -30.35 and a beta of 0.93.

TR Property Investment Trust (LON:TRY) last issued its earnings results on Monday, December 1st. The company reported GBX 10.07 earnings per share for the quarter. TR Property Investment Trust had a return on equity of 24.54% and a net margin of 91.50%.

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. It primarily invests in growth stocks of companies across all market capitalizations. The fund also makes direct investments in property. It benchmarks the performance of its portfolio against the FTSE EPRA/NAREIT Developed Europe Capped Net Total Return Index.