Aurora Investment Trust (LON:ARR) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Aurora Investment Trust plc (LON:ARR)’s stock price crossed 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 changing hands.

Aurora Investment Trust Stock Performance

The firm has a 50 day moving average price of GBX 235.48 and a two-hundred day moving average price of GBX 249.58. The firm has a market capitalization of £174.70 million, a P/E ratio of 327.14 and a beta of 1.29.

Aurora Investment Trust Cuts Dividend

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

Insider Activity at Aurora Investment Trust

In other Aurora Investment Trust news, insider Lucy Walker acquired 4,750 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was purchased at an average cost of GBX 226 ($2.83) per share, for a total transaction of £10,735 ($13,464.19). 0.13% of the stock is owned by insiders.

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.