TR Property Investment Trust (LON:TRY) Sets New 52-Week Low – Time to Sell?

Posted by James Nelson on Jan 8th, 2025

Shares of TR Property Investment Trust plc (LON:TRY – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 297.50 ($3.71) and last traded at GBX 298.90 ($3.73), with a volume of 726626 shares. The stock had previously closed at GBX 307.50 ($3.84).

TR Property Investment Trust Stock Performance

The company has a current ratio of 4.28, a quick ratio of 3.14 and a debt-to-equity ratio of 7.12. The firm has a market capitalization of £945.70 million, a PE ratio of -169.32 and a beta of 0.93. The firm’s fifty day moving average price is GBX 314.03 and its 200 day moving average price is GBX 329.77.

TR Property Investment Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 10th. Shareholders of record on Thursday, December 12th will be given a GBX 5.65 ($0.07) dividend. This represents a yield of 1.78%. The ex-dividend date of this dividend is Thursday, December 12th. TR Property Investment Trust’s dividend payout ratio is -852.27%.

Insider Activity

In other TR Property Investment Trust news, insider Kate Bolsover bought 4,683 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average price of GBX 318 ($3.97) per share, for a total transaction of £14,891.94 ($18,577.77). Also, insider Andrew Vaughan purchased 12,675 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was acquired at an average cost of GBX 316 ($3.94) per share, for a total transaction of £40,053 ($49,966.32). 5.03% of the stock is owned by insiders.

TR Property Investment Trust Company Profile

(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.