TR Property Investment Trust (LON:TRY) Stock Passes Below 200-Day Moving Average – What’s Next?

Shares of TR Property Investment Trust plc (LON:TRY) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 323.21 and traded as low as GBX 314.93. TR Property Investment Trust shares last traded at GBX 317, with a volume of 120,228 shares traded.

TR Property Investment Trust Stock Down 0.3%

The company has a 50-day moving average price of GBX 320.82 and a two-hundred day moving average price of GBX 323.10. The stock has a market capitalization of £1.00 billion, a P/E ratio of -27.84 and a beta of 0.93.

TR Property Investment Trust (LON:TRY) last announced 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 net margin of 91.50% and a return on equity of 24.54%.

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.