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TR Property Investment Trust (LON:TRY) Stock Price Crosses Above 200 Day Moving Average - Here's Why

TR Property Investment Trust logo with Financial Services background

TR Property Investment Trust plc (LON:TRY - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 306.42 ($4.15) and traded as high as GBX 327.50 ($4.44). TR Property Investment Trust shares last traded at GBX 324.50 ($4.40), with a volume of 621,164 shares changing hands.

TR Property Investment Trust Stock Performance

The stock has a fifty day simple moving average of GBX 309.50 and a two-hundred day simple moving average of GBX 306.61. The stock has a market capitalization of £1.06 billion, a price-to-earnings ratio of 3.72 and a beta of 0.93.

Insider Activity

In related news, insider Sarah-Jane Curtis acquired 1,797 shares of TR Property Investment Trust stock in a transaction dated Wednesday, April 9th. The stock was bought at an average price of GBX 277 ($3.75) per share, with a total value of £4,977.69 ($6,743.01). 5.03% of the stock is owned by company insiders.

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.

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