Insider Buying: TR Property Investment Trust plc (LON:TRY) Insider Buys 12,675 Shares of Stock

TR Property Investment Trust plc (LON:TRY) insider Andrew Vaughan bought 12,675 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were bought at an average price of GBX 316 ($4.04) per share, for a total transaction of £40,053 ($51,172.86).

TR Property Investment Trust Stock Performance

TRY traded down GBX 1.48 ($0.02) during midday trading on Wednesday, reaching GBX 316.53 ($4.04). The company had a trading volume of 597,951 shares, compared to its average volume of 623,199. The business has a 50-day moving average price of GBX 327.54 and a two-hundred day moving average price of GBX 332.34. The company has a debt-to-equity ratio of 7.12, a quick ratio of 3.14 and a current ratio of 4.28. The stock has a market cap of £1.00 billion, a PE ratio of -180.70 and a beta of 0.93. TR Property Investment Trust plc has a 12-month low of GBX 302.50 ($3.86) and a 12-month high of GBX 360 ($4.60).

TR Property Investment Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, December 12th will be issued a dividend of GBX 5.65 ($0.07) per share. This represents a dividend yield of 1.78%. The ex-dividend date is Thursday, December 12th. TR Property Investment Trust’s dividend payout ratio is currently -852.27%.

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.