Aurora Investment Trust (LON:ARR) Shares Cross Above 50 Day Moving Average – Here’s Why

Shares of Aurora Investment Trust plc (LON:ARRGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 239.08 and traded as high as GBX 239.48. Aurora Investment Trust shares last traded at GBX 234, with a volume of 155,116 shares changing hands.

Aurora Investment Trust Stock Performance

The stock’s fifty day moving average price is GBX 238.19 and its 200-day moving average price is GBX 257.12. The company has a market capitalization of £244.67 million, a P/E ratio of 5.37 and a beta of 1.40.

Aurora Investment Trust (LON:ARRGet Free Report) last issued its earnings results on Tuesday, March 31st. The investment trust reported GBX 4.59 earnings per share (EPS) for the quarter. The company had revenue of GBX 650 million for the quarter. Aurora Investment Trust had a net margin of 97.16% and a return on equity of 14.45%.

Aurora Investment Trust Company Profile

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Aurora UK Alpha plc is a UK listed Investment Trust which strives to provide shareholders with long term returns through capital and income growth by investing predominantly in a portfolio of UK listed companies.

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