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

TR Property Investment Trust plc (LON:TRY) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 287.50 ($3.71) and last traded at GBX 288.27 ($3.72), with a volume of 459820 shares trading hands. The stock had previously closed at GBX 295.50 ($3.81).

TR Property Investment Trust Stock Down 2.0 %

The company’s 50-day simple moving average is GBX 304.30 and its 200 day simple moving average is GBX 321.95. The company has a market capitalization of £920.22 million, a P/E ratio of 3.24 and a beta of 0.93.

TR Property Investment Trust (LON:TRY) last issued its quarterly earnings data on Monday, December 2nd. The company reported GBX 8.16 ($0.11) earnings per share (EPS) for the quarter. TR Property Investment Trust had a net margin of 91.50% and a return on equity of 24.54%.

Insider Activity at TR Property Investment Trust

In other news, insider Andrew Vaughan purchased 12,675 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was bought at an average cost of GBX 316 ($4.07) per share, for a total transaction of £40,053 ($51,628.00). 5.03% of the stock is owned by company insiders.

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.