TR Property Investment Trust (LON:TRY) Share Price Passes Below 200 Day Moving Average – Time to Sell?

TR Property Investment Trust plc (LON:TRY)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 323.82 and traded as low as GBX 312.34. TR Property Investment Trust shares last traded at GBX 315, with a volume of 252,777 shares changing hands.

TR Property Investment Trust Trading Up 0.3%

The company’s 50-day moving average is GBX 322.22 and its 200-day moving average is GBX 323.75. The firm has a market cap of £999.66 million, a price-to-earnings ratio of -27.75 and a beta of 0.93.

TR Property Investment Trust (LON:TRY) last released its earnings results on Monday, December 1st. The company reported GBX 10.07 earnings per share for the quarter. TR Property Investment Trust had a return on equity of 24.54% and a net margin of 91.50%.

About TR Property Investment Trust

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. It primarily invests in growth stocks of companies across all market capitalizations. The fund also makes direct investments in property. It benchmarks the performance of its portfolio against the FTSE EPRA/NAREIT Developed Europe Capped Net Total Return Index.