TR Property Investment Trust (LON:TRY) Hits New 1-Year Low – Here’s What Happened

TR Property Investment Trust plc (LON:TRYGet Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 290.85 and last traded at GBX 291.50, with a volume of 578286 shares traded. The stock had previously closed at GBX 293.

TR Property Investment Trust Price Performance

The stock has a market cap of £920.32 million, a price-to-earnings ratio of 12.99 and a beta of 1.48. The company’s 50 day moving average is GBX 308.85 and its 200 day moving average is GBX 315.24. The company has a debt-to-equity ratio of 11.65, a current ratio of 0.55 and a quick ratio of 3.14.

TR Property Investment Trust (LON:TRYGet Free Report) last released its quarterly earnings results on Wednesday, June 10th. The company reported GBX 15.81 earnings per share for the quarter. TR Property Investment Trust had a return on equity of 6.52% and a net margin of 79.93%.The business had revenue of GBX 6,405 million for the quarter.

Insiders Place Their Bets

In other TR Property Investment Trust news, insider Graham Kitchen purchased 6,000 shares of the stock in a transaction dated Thursday, June 25th. The shares were acquired at an average cost of GBX 310 per share, for a total transaction of £18,600. Also, insider Andrew Vaughan sold 32,052 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of GBX 312, for a total value of £100,002.24. 0.16% of the stock is currently owned by insiders.

TR Property Investment Trust Company Profile

(Get Free Report)

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.

Further Reading

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