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

TR Property Investment Trust plc (LON:TRY) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 283 and last traded at GBX 286.50, with a volume of 1149897 shares trading hands. The stock had previously closed at GBX 287.

TR Property Investment Trust Price Performance

The company has a debt-to-equity ratio of 11.65, a current ratio of 0.55 and a quick ratio of 3.14. The stock’s 50 day simple moving average is GBX 306.82 and its two-hundred day simple moving average is GBX 313.05. The stock has a market cap of £917.14 million, a price-to-earnings ratio of 12.95 and a beta of 1.48.

Insider Activity at TR Property Investment Trust

In other TR Property Investment Trust news, insider Graham Kitchen bought 6,000 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were acquired at an average cost of GBX 310 per share, for a total transaction of £18,600. Insiders own 0.16% 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. 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.