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Truxton (OTCMKTS:TRUX) Shares Cross Above 50 Day Moving Average - Here's Why

Truxton logo with Finance background

Shares of Truxton Corp. (OTCMKTS:TRUX - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 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.

Truxton Stock Performance

The stock has a market capitalization of $224.64 million, a PE ratio of 11.80 and a beta of 0.54. The business has a fifty day moving average price of $75.53 and a 200-day moving average price of $75.34.

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

Truxton Cuts Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 2.56%. Truxton's dividend payout ratio is currently 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.

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