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

Truxton logo with Finance background

Truxton Co. (OTCMKTS:TRUX - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $73.96 and traded as high as $74.10. Truxton shares last traded at $74.10, with a volume of 138 shares changing hands.

Truxton Stock Up 2.6%

The firm has a fifty day moving average of $74.04 and a 200-day moving average of $74.90. The firm has a market cap of $218.96 million, a P/E ratio of 11.99 and a beta of 0.55.

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

Truxton Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 11th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.63%. Truxton's 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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