TR Property Investment Trust (LON:TRY) Hits New 52-Week Low – Here’s Why

TR Property Investment Trust plc (LON:TRYGet Free Report)’s stock price reached 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 changing hands. The stock had previously closed at GBX 293.

TR Property Investment Trust Stock Down 0.3%

The company has a debt-to-equity ratio of 11.65, a quick ratio of 3.14 and a current ratio of 0.55. The company has a market capitalization of £926.66 million, a price-to-earnings ratio of 13.08 and a beta of 1.48. The firm’s 50-day simple moving average is GBX 309.85 and its 200-day simple moving average is GBX 315.83.

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

Insider Activity at TR Property Investment Trust

In other news, insider Andrew Vaughan sold 32,052 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of GBX 312, for a total transaction of £100,002.24. Also, insider Graham Kitchen acquired 6,000 shares of the stock in a transaction dated Thursday, June 25th. The shares were purchased at an average price of GBX 310 per share, for a total transaction of £18,600. Corporate insiders own 0.16% of the company’s stock.

About TR Property Investment Trust

(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.

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