Truxton (OTCMKTS:TRUX) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Truxton Corp. (OTCMKTS:TRUX - Get Free Report)'s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $75.53 and traded as high as $78.25. Truxton shares last traded at $78.00, with a volume of 301 shares traded.

Truxton Stock Performance

The company's fifty day moving average is $75.89 and its two-hundred day moving average is $75.41. The company has a market cap of $225.36 million, a price-to-earnings ratio of 11.84 and a beta of 0.54.

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

Truxton Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.56%. Truxton's dividend payout ratio (DPR) is presently 30.26%.

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.