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TR Property Investment Trust (LON:TRY) Share Price Passes Below 200-Day Moving Average - Time to Sell?

TR Property Investment Trust logo with Financial Services background

Shares of TR Property Investment Trust plc (LON:TRY - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 316.06 ($4.25) and traded as low as GBX 309.50 ($4.16). TR Property Investment Trust shares last traded at GBX 311 ($4.18), with a volume of 767,298 shares traded.

TR Property Investment Trust Price Performance

The business's 50-day moving average price is GBX 326.40 and its two-hundred day moving average price is GBX 316.09. The company has a market capitalization of £1.01 billion, a price-to-earnings ratio of -3,693.64 and a beta of 0.93.

TR Property Investment Trust (LON:TRY - Get Free Report) last released its quarterly earnings results on Wednesday, June 11th. The company reported GBX 12.98 earnings per share for the quarter. TR Property Investment Trust had a net margin of 91.50% and a return on equity of 24.54%.

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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