TR Property Investment Trust (LON:TRY) Reaches New 1-Year Low – Should You Sell?

TR Property Investment Trust plc (LON:TRY) hit a new 52-week low during trading on Thursday. The company traded as low as GBX 283 and last traded at GBX 283.50, with a volume of 1398296 shares trading hands. The stock had previously closed at GBX 286.50.

TR Property Investment Trust Price Performance

The company has a market capitalization of £896.52 million, a P/E ratio of 12.66 and a beta of 1.48. The company’s 50-day simple moving average is GBX 303.87 and its 200 day simple moving average is GBX 310.80. The company has a quick ratio of 3.14, a current ratio of 0.55 and a debt-to-equity ratio of 11.65.

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. 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.