TR Property Investment Trust (LON:TRY) Hits New 52-Week Low – Here’s Why

TR Property Investment Trust plc (LON:TRYGet Free Report)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 290.85 and last traded at GBX 291.50, with a volume of 578286 shares traded. The stock had previously closed at GBX 293.

TR Property Investment Trust Stock Performance

The firm has a market cap of £926.66 million, a P/E ratio of 13.08 and a beta of 1.48. The stock’s 50 day moving average is GBX 309.85 and its two-hundred day moving average is GBX 315.83. The company has a debt-to-equity ratio of 11.65, a current ratio of 0.55 and a quick ratio of 3.14.

TR Property Investment Trust (LON:TRYGet Free Report) last announced its quarterly earnings results on Wednesday, June 10th. The company reported GBX 15.81 EPS for the quarter. The firm had revenue of GBX 6,405 million during the quarter. TR Property Investment Trust had a net margin of 79.93% and a return on equity of 6.52%.

Insider Activity at TR Property Investment Trust

In related news, insider Andrew Vaughan sold 32,052 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of GBX 312, for a total transaction of £100,002.24. Also, insider Graham Kitchen purchased 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was bought at an average cost of GBX 310 per share, for a total transaction of £18,600. Corporate insiders own 0.16% of the company’s stock.

About TR Property Investment Trust

(Get Free Report)

TR Property Investment Trust plc is a closed-ended equity mutual fund launched by F&C Investment Business Ltd. The fund is managed by Thames River Capital LLP. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies that are operating in the real estate sector. It primarily invests in growth stocks of companies across all market capitalizations. The fund also makes direct investments in property. It benchmarks the performance of its portfolio against the FTSE EPRA/NAREIT Developed Europe Capped Net Total Return Index.

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