Aurora Investment Trust (LON:ARR) Stock Passes Above Fifty Day Moving Average – What’s Next?

Aurora Investment Trust plc (LON:ARR)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 232.22 ($2.88) and traded as high as GBX 233 ($2.89). Aurora Investment Trust shares last traded at GBX 229 ($2.84), with a volume of 56,865 shares trading hands.

Aurora Investment Trust Stock Performance

The firm has a 50 day moving average of GBX 231.72 and a 200-day moving average of GBX 248.58. The stock has a market capitalization of £173.94 million, a PE ratio of 325.71 and a beta of 1.29.

Aurora Investment Trust Cuts Dividend

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

Insider Activity at Aurora Investment Trust

In other news, insider Lucy Walker acquired 4,750 shares of Aurora Investment Trust stock in a transaction that occurred on Friday, December 6th. The stock was purchased at an average price of GBX 226 ($2.81) per share, with a total value of £10,735 ($13,335.40). 0.13% of the stock is currently owned by insiders.

About Aurora Investment Trust

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.