Aurora Investment Trust (LON:ARR) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Aurora Investment Trust plc (LON:ARR)’s stock price passed 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 trading hands.

Aurora Investment Trust Price Performance

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

Aurora Investment Trust Cuts Dividend

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

Insider Activity at Aurora Investment Trust

In related news, insider Lucy Walker acquired 4,750 shares of the stock in a transaction that occurred on Friday, December 6th. The shares were acquired at an average price of GBX 226 ($2.83) per share, for a total transaction of £10,735 ($13,464.19). Company insiders own 0.13% of the company’s stock.

Aurora Investment Trust Company Profile

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.