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Truxton (OTCMKTS:TRUX) Share Price Passes Above 50 Day Moving Average - Time to Sell?

Truxton logo with Finance background

Truxton Co. (OTCMKTS:TRUX - Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $74.95 and traded as high as $79.00. Truxton shares last traded at $79.00, with a volume of 1,798 shares changing hands.

Truxton Stock Performance

The business has a 50 day moving average price of $74.95 and a two-hundred day moving average price of $75.18. The company has a market cap of $227.60 million, a P/E ratio of 12.46 and a beta of 0.54.

Truxton (OTCMKTS:TRUX - Get Free Report) last released its earnings results on Thursday, April 24th. The financial services provider reported $1.75 earnings per share for the quarter. The company had revenue of $13.63 million during the quarter.

Truxton Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.53%. Truxton's dividend payout ratio is presently 30.26%.

About Truxton

(Get Free Report)

Truxton Corporation, through its subsidiaries, provides various banking, investment management, and trust administration services to individuals, businesses, and charitable institutions in the United States. The company offers deposit products, including demand, money market accounts, and certificates of deposit.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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