Aurora Investment Trust (LON:ARR) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Aurora Investment Trust plc (LON:ARRGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 253.79 ($3.29) and traded as low as GBX 237.51 ($3.08). Aurora Investment Trust shares last traded at GBX 238 ($3.09), with a volume of 233,976 shares trading hands.

Aurora Investment Trust Price Performance

The firm has a market cap of £183.86 million, a P/E ratio of 344.29 and a beta of 1.29. The stock’s 50 day moving average is GBX 251.82 and its two-hundred day moving average is GBX 253.76.

Aurora Investment Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, October 31st will be paid a dividend of GBX 3 ($0.04) per share. The ex-dividend date is Thursday, October 31st. This represents a yield of 1.18%. Aurora Investment Trust’s dividend payout ratio is 428.57%.

About Aurora Investment Trust

(Get Free Report)

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.

Further Reading

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