Aurora Investment Trust (LON:ARR) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Aurora Investment Trust plc (LON:ARR) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 253.50 ($3.22) and traded as low as GBX 233.04 ($2.96). Aurora Investment Trust shares last traded at GBX 234 ($2.97), with a volume of 23,185 shares.

Aurora Investment Trust Stock Down 0.4 %

The company has a market capitalization of £177.76 million, a price-to-earnings ratio of 334.29 and a beta of 1.29. The stock’s fifty day moving average price is GBX 246.99 and its 200-day moving average price is GBX 253.50.

Aurora Investment Trust Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, October 31st will be issued a GBX 3 ($0.04) dividend. The ex-dividend date is Thursday, October 31st. This represents a dividend yield of 1.18%. Aurora Investment Trust’s dividend payout ratio (DPR) is presently 428.57%.

About Aurora Investment Trust

Aurora Investment Trust plc is an open-ended equity mutual fund launched by Mars Asset Management Limited. The fund is managed by Phoenix Asset Management Partners Limited. It invests in the public equity markets of the United Kingdom. The fund makes its investments across diversified sectors. The fund primarily invests in equity securities, but with some exposure to fixed interest also.