TR Property Investment Trust (LON:TRY) Stock Crosses Below 200 Day Moving Average – Here’s Why

TR Property Investment Trust plc (LON:TRY)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 354.17 ($4.56) and traded as low as GBX 319.50 ($4.11). TR Property Investment Trust shares last traded at GBX 324 ($4.17), with a volume of 500,409 shares changing hands.

TR Property Investment Trust Trading Down 0.8 %

The company has a debt-to-equity ratio of 7.12, a quick ratio of 3.14 and a current ratio of 4.28. The business’s 50 day moving average price is GBX 342.16 and its 200-day moving average price is GBX 354.17. The company has a market cap of £1.02 billion, a price-to-earnings ratio of -184.09 and a beta of 0.93.

TR Property Investment Trust Company Profile

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.