Aurora Investment Trust (LON:ARR) Share 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 249.88 ($3.13) and traded as low as GBX 222 ($2.78). Aurora Investment Trust shares last traded at GBX 229 ($2.87), with a volume of 67,646 shares trading hands.

Aurora Investment Trust Trading Up 3.2 %

The firm has a market capitalization of £174.70 million, a P/E ratio of 327.14 and a beta of 1.29. The firm has a 50 day moving average price of GBX 236.26 and a 200-day moving average price of GBX 249.88.

Aurora Investment Trust Cuts Dividend

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

Insider Buying and Selling at Aurora Investment Trust

In other Aurora Investment Trust news, insider Lucy Walker bought 4,750 shares of the company’s stock in a transaction on Friday, December 6th. The stock was acquired at an average price of GBX 226 ($2.83) per share, for a total transaction of £10,735 ($13,457.44). Company insiders own 0.13% of the company’s stock.

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.