TR Property Investment Trust (LON:TRY) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

TR Property Investment Trust plc (LON:TRY) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 306.42 ($4.13) and traded as high as GBX 327.50 ($4.41). TR Property Investment Trust shares last traded at GBX 324.50 ($4.37), with a volume of 621,164 shares traded.

TR Property Investment Trust Trading Down 0.1%

The stock has a market cap of £1.03 billion, a P/E ratio of 3.63 and a beta of 0.93. The firm’s fifty day moving average is GBX 307.24 and its 200 day moving average is GBX 306.42.

Insider Buying and Selling

In related news, insider Sarah-Jane Curtis acquired 1,797 shares of the company’s stock in a transaction dated Wednesday, April 9th. The shares were bought at an average price of GBX 277 ($3.73) per share, for a total transaction of £4,977.69 ($6,705.77). Insiders own 5.03% of the company’s stock.

TR Property Investment Trust Company Profile

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.