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

TR Property Investment Trust plc (LON:TRY) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 322.76 and traded as high as GBX 333.50. TR Property Investment Trust shares last traded at GBX 333, with a volume of 640,686 shares.

TR Property Investment Trust Stock Up 0.8%

The firm has a market cap of £1.06 billion, a price-to-earnings ratio of -29.34 and a beta of 0.93. The company’s 50-day moving average price is GBX 323.24 and its 200-day moving average price is GBX 322.76.

TR Property Investment Trust (LON:TRY) last issued its quarterly earnings results on Monday, December 1st. The company reported GBX 10.07 earnings per share for the quarter. TR Property Investment Trust had a net margin of 91.50% and a return on equity of 24.54%.

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.