TR Property Investment Trust (LON:TRY) Announces Quarterly Earnings Results

TR Property Investment Trust (LON:TRY) issued its earnings results on Wednesday. The company reported GBX 15.81 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 6,405 million during the quarter. TR Property Investment Trust had a return on equity of 6.52% and a net margin of 79.93%.

TR Property Investment Trust Trading Up 2.6%

Shares of TRY stock opened at GBX 315 on Friday. The stock has a market capitalization of £999.66 million, a PE ratio of -27.75 and a beta of 1.49. TR Property Investment Trust has a 1-year low of GBX 291 and a 1-year high of GBX 364.50. The business has a 50-day moving average of GBX 316.46 and a 200 day moving average of GBX 322.94. The company has a debt-to-equity ratio of 11.65, a current ratio of 0.55 and a quick ratio of 3.14.

Insider Activity

In related news, insider Kate Bolsover bought 1,614 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was bought at an average cost of GBX 308 per share, for a total transaction of £4,971.12. Also, insider Graham Kitchen bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were bought at an average price of GBX 308 per share, with a total value of £15,400. Insiders have purchased a total of 17,614 shares of company stock valued at $5,480,112 over the last 90 days. 0.17% of the stock is currently owned by company insiders.

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.