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

TR Property Investment Trust plc (LON:TRY - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 309.79 ($4.23) and traded as high as GBX 334 ($4.56). TR Property Investment Trust shares last traded at GBX 332 ($4.53), with a volume of 482,840 shares traded.

TR Property Investment Trust Trading Down 0.8%

The firm has a market capitalization of £1.05 billion, a price-to-earnings ratio of 3.68 and a beta of 0.93. The firm has a fifty day moving average price of GBX 326.75 and a 200 day moving average price of GBX 309.79.

TR Property Investment Trust (LON:TRY - Get Free Report) last posted its quarterly earnings data on Wednesday, June 11th. The company reported GBX 12.98 ($0.18) 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%.

Insider Activity at TR Property Investment Trust

In other news, insider Sarah-Jane Curtis acquired 1,797 shares of the stock in a transaction that occurred on Wednesday, April 9th. The stock was acquired at an average price of GBX 277 ($3.78) per share, for a total transaction of £4,977.69 ($6,791.77). Insiders own 5.03% of the company's stock.

TR Property Investment Trust Company Profile

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.