Truxton (OTCMKTS:TRUX) Shares Cross Below Fifty Day Moving Average - Time to Sell?

Key Points

• Truxton Corp. shares fell below their fifty-day moving average of $81.31, trading at $80.00 with a volume of 2,116 shares.
• The company reported $1.84 earnings per share for the last quarter, with revenues of $14.60 million.
• Truxton recently announced a quarterly dividend of $0.50, representing an annualized yield of 2.5% and a payout ratio of 28.99%.

Truxton Corp. (OTCMKTS:TRUX - Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $81.31 and traded as low as $80.00. Truxton shares last traded at $80.00, with a volume of 2,116 shares changing hands.

Truxton Trading Down 0.0%

The stock's fifty day moving average price is $81.31 and its two-hundred day moving average price is $77.67. The firm has a market capitalization of $230.40 million, a price-to-earnings ratio of 11.59 and a beta of 0.52.

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

Truxton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.5%. Truxton's dividend payout ratio (DPR) is 28.99%.

Truxton Company Profile

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.

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