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TR Property Investment Trust (LON:TRY) Shares Cross Above Two Hundred Day Moving Average - Here's Why

TR Property Investment Trust logo with Financial Services background

Shares of TR Property Investment Trust plc (LON:TRY - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 306.81 ($4.16) and traded as high as GBX 335 ($4.54). TR Property Investment Trust shares last traded at GBX 329.50 ($4.47), with a volume of 410,776 shares.

TR Property Investment Trust Trading Up 0.6%

The company has a market capitalization of £1.06 billion, a price-to-earnings ratio of 3.71 and a beta of 0.93. The stock has a 50-day simple moving average of GBX 312.24 and a 200-day simple moving average of GBX 307.08.

Insiders Place Their Bets

In other TR Property Investment Trust news, insider Sarah-Jane Curtis acquired 1,797 shares of the firm's stock in a transaction on Wednesday, April 9th. The stock was purchased at an average price of GBX 277 ($3.75) per share, with a total value of £4,977.69 ($6,745.75). 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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