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TR Property Investment Trust (LON:TRY) Share Price Crosses Above Two Hundred Day Moving Average - What's Next?

TR Property Investment Trust logo with Financial Services background

Key Points

  • TR Property Investment Trust shares have recently surpassed their 200-day moving average of GBX 317.04 ($4.30), trading at GBX 316 ($4.28) during the last session.
  • The trust has a market capitalization of £1.00 billion and a notable price-to-earnings ratio of -3,653.18, indicating significant fluctuations in its earnings.
  • This closed-ended fund invests primarily in the real estate sector across public equity markets in Europe, managed by Thames River Capital LLP.
  • MarketBeat previews the top five stocks to own by October 1st.

TR Property Investment Trust plc (LON:TRY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 317.04 ($4.27) and traded as high as GBX 319 ($4.30). TR Property Investment Trust shares last traded at GBX 316 ($4.26), with a volume of 559,182 shares changing hands.

TR Property Investment Trust Stock Performance

The stock has a market capitalization of £1.00 billion, a price-to-earnings ratio of -3,647.40 and a beta of 0.93. The company's 50 day moving average is GBX 323.45 and its 200 day moving average is GBX 317.49.

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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