Aurora Investment Trust (LON:ARR) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

Key Points

• Aurora Investment Trust shares traded above their 50-day moving average for the first time at GBX 250 ($3.34), indicating potential bullish momentum.
• The company reported a quarterly earnings per share (EPS) of GBX 2.70, with a return on equity of 16.37% and an impressive net margin of 90.50%.
• Aurora Investment Trust has a market capitalization of £280.56 million and a PE ratio of 15.50.

Aurora Investment Trust plc (LON:ARR - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 249.26 ($3.33) and traded as high as GBX 250 ($3.34). Aurora Investment Trust shares last traded at GBX 250 ($3.34), with a volume of 110,581 shares changing hands.

Aurora Investment Trust Trading Up 0.8%

The firm has a market cap of £280.56 million, a PE ratio of 15.50 and a beta of 1.29. The business has a fifty day moving average price of GBX 249.26 and a 200 day moving average price of GBX 248.23.

Aurora Investment Trust (LON:ARR - Get Free Report) last released its quarterly earnings data on Thursday, September 25th. The investment trust reported GBX 2.70 EPS for the quarter. Aurora Investment Trust had a return on equity of 16.37% and a net margin of 90.50%.

Aurora Investment Trust Company Profile

Aurora UK Alpha plc is a UK listed Investment Trust which strives to provide shareholders with long term returns through capital and income growth by investing predominantly in a portfolio of UK listed companies.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.