Aurora Investment Trust (LON:ARR) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Aurora Investment Trust plc (LON:ARR) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 232.22 ($2.87) and traded as high as GBX 233 ($2.88). Aurora Investment Trust shares last traded at GBX 229 ($2.83), with a volume of 56,865 shares traded.

Aurora Investment Trust Stock Performance

The company’s 50-day moving average price is GBX 232.22 and its 200 day moving average price is GBX 248.72. The stock has a market capitalization of £174.70 million, a PE ratio of 327.14 and a beta of 1.29.

Aurora Investment Trust Cuts Dividend

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

Insiders Place Their Bets

In other Aurora Investment Trust news, insider Lucy Walker purchased 4,750 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was bought at an average cost of GBX 226 ($2.80) per share, for a total transaction of £10,735 ($13,287.54). Company insiders own 0.13% of the company’s stock.

Aurora Investment Trust Company Profile

Aurora UK Alpha plc is a UK listed Investment Trust which strives to provide shareholders with long term returns through capital and income growth by investing predominantly in a portfolio of UK listed companies.