TR Property Investment Trust (LON:TRY) Reaches New 1-Year Low – What’s Next?

TR Property Investment Trust plc (LON:TRY) hit a new 52-week low on Thursday . The company traded as low as GBX 287.50 ($3.72) and last traded at GBX 288.27 ($3.73), with a volume of 459820 shares. The stock had previously closed at GBX 295.50 ($3.82).

TR Property Investment Trust Stock Up 1.7 %

The firm’s 50-day simple moving average is GBX 303.69 and its 200-day simple moving average is GBX 321.44. The firm has a market capitalization of £936.11 million, a P/E ratio of 3.29 and a beta of 0.93.

Insider Buying and Selling at TR Property Investment Trust

In other news, insider Andrew Vaughan purchased 12,675 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was bought at an average cost of GBX 316 ($4.08) per share, for a total transaction of £40,053 ($51,768.13). Company insiders own 5.03% of the company’s stock.

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.