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

Key Points

• Truxton Corp.'s stock price has recently crossed above its 50-day moving average of $81.41, trading as high as $82.00, indicating potential bullish sentiment.
• The company reported $1.84 earnings per share and $14.60 million in revenue for the last quarter, reflecting solid financial performance.
• Truxton announced a quarterly dividend of $0.50 per share, resulting in an annualized yield of 2.4% with a payout ratio of approximately 29%.

Truxton Corp. (OTCMKTS:TRUX - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $81.41 and traded as high as $82.00. Truxton shares last traded at $82.00, with a volume of 541 shares.

Truxton Stock Performance

The firm has a market cap of $236.16 million, a PE ratio of 11.88 and a beta of 0.52. The stock has a fifty day moving average price of $81.41 and a 200-day moving average price of $78.12.

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

Truxton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.4%. Truxton's payout ratio is currently 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.

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