TR Property Investment Trust (LON:TRY) Shares Pass Above 200 Day Moving Average - What's Next?

Key Points

• TR Property Investment Trust shares surpassed their 200-day moving average of GBX 312.49 during trading, closing at GBX 325 ($4.31) with high trading volume.
• The company reported earnings of GBX 12.98 ($0.17) EPS for the last quarter, with a robust return on equity of 24.54% and a net margin of 91.50%.
• TR Property Investment Trust is a closed-ended equity mutual fund focused on investing in European public equity markets, primarily within the real estate sector.

TR Property Investment Trust plc (LON:TRY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 312.49 ($4.15) and traded as high as GBX 326.56 ($4.33). TR Property Investment Trust shares last traded at GBX 325 ($4.31), with a volume of 772,198 shares changing hands.

TR Property Investment Trust Stock Down 0.9%

The company has a market capitalization of £1.03 billion, a P/E ratio of 3.63 and a beta of 0.93. The business has a fifty day moving average price of GBX 329.95 and a 200 day moving average price of GBX 312.96.

TR Property Investment Trust (LON:TRY - Get Free Report) last issued its quarterly earnings results on Wednesday, June 11th. The company reported GBX 12.98 ($0.17) EPS for the quarter. TR Property Investment Trust had a return on equity of 24.54% and a net margin of 91.50%.

About TR Property Investment Trust

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.