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Truxton (OTCMKTS:TRUX) Shares Pass Above Fifty Day Moving Average - What's Next?

Truxton logo with Finance background

Key Points

  • Truxton Corp. (OTCMKTS:TRUX) shares have crossed above their 50-day moving average of $81.36, indicating potential positive momentum in trading.
  • The company recently declared a quarterly dividend of $0.50 per share, translating to an annualized yield of 2.5% with a payout ratio of 28.99%.
  • Truxton reported $1.84 EPS and a revenue of $14.60 million in its latest earnings announcement on July 24th.
  • Interested in Truxton? Here are five stocks we like better.

Truxton Corp. (OTCMKTS:TRUX - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $81.36 and traded as high as $81.38. Truxton shares last traded at $80.03, with a volume of 278 shares traded.

Truxton Stock Up 0.0%

The stock has a market cap of $230.49 million, a price-to-earnings ratio of 11.60 and a beta of 0.52. The business's 50 day simple moving average is $81.36 and its 200 day simple moving average is $77.82.

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

Truxton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.5%. Truxton's dividend payout ratio is currently 28.99%.

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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