Truxton (OTCMKTS:TRUX) Stock Price Crosses Above Fifty Day Moving Average - Time to Sell?

Key Points

• Truxton Corp. shares recently crossed above their 50-day moving average, reaching a high of $83.00 during trading, which suggests potential upward momentum.
• The company reported a quarterly EPS of $1.84 and revenue of $14.60 million, indicating solid financial performance.
• Truxton declared a $0.50 quarterly dividend, with an annualized yield of 2.4%, reflecting a conservative payout ratio of 28.99%.

Truxton Corp. (OTCMKTS:TRUX - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $79.03 and traded as high as $83.00. Truxton shares last traded at $83.00, with a volume of 179 shares.

Truxton Stock Performance

The firm has a market capitalization of $243.36 million, a P/E ratio of 12.25 and a beta of 0.52. The company has a 50-day moving average price of $79.48 and a 200-day moving average price of $76.81.

Truxton (OTCMKTS:TRUX - Get Free Report) last posted its earnings results on Thursday, July 24th. The financial services provider reported $1.84 earnings per share (EPS) for the quarter. The business had revenue of $14.60 million during the quarter.

Truxton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.4%. Truxton's dividend payout ratio (DPR) is 28.99%.

About Truxton

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.