TR Property Investment Trust (LON:TRY) Sets New 12-Month Low – Should You Sell?

TR Property Investment Trust plc (LON:TRY)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 287.97 ($3.52) and last traded at GBX 289 ($3.54), with a volume of 1035983 shares trading hands. The stock had previously closed at GBX 289.50 ($3.54).

TR Property Investment Trust Price Performance

The company has a quick ratio of 3.14, a current ratio of 4.28 and a debt-to-equity ratio of 7.12. The firm’s fifty day moving average price is GBX 311.33 and its 200-day moving average price is GBX 328.96. The stock has a market cap of £928.26 million, a P/E ratio of -166.20 and a beta of 0.93.

TR Property Investment Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 12th were issued a GBX 5.65 ($0.07) dividend. This represents a yield of 1.78%. The ex-dividend date was Thursday, December 12th. TR Property Investment Trust’s dividend payout ratio (DPR) is presently -852.27%.

Insider Buying and Selling at TR Property Investment Trust

In other TR Property Investment Trust news, insider Andrew Vaughan bought 12,675 shares of TR Property Investment Trust stock in a transaction dated Wednesday, December 11th. The shares were purchased at an average cost of GBX 316 ($3.87) per share, with a total value of £40,053 ($49,012.48). Also, insider Kate Bolsover purchased 4,683 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was acquired at an average cost of GBX 318 ($3.89) per share, with a total value of £14,891.94 ($18,223.13). Corporate insiders own 5.03% of the company’s stock.

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.