Aurora Investment Trust (LON:ARR) Shares Pass Below 200-Day Moving Average – Time to Sell?

Aurora Investment Trust plc (LON:ARR) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 251.12 ($3.19) and traded as low as GBX 224 ($2.84). Aurora Investment Trust shares last traded at GBX 227.37 ($2.88), with a volume of 94,546 shares traded.

Aurora Investment Trust Price Performance

The firm has a 50-day moving average of GBX 238.85 and a 200-day moving average of GBX 251.12. The stock has a market cap of £172.46 million, a PE ratio of 324.82 and a beta of 1.29.

Aurora Investment Trust Cuts Dividend

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

Insider Activity

In other news, insider Lucy Walker acquired 4,750 shares of the business’s stock in a transaction dated Friday, December 6th. The stock was purchased at an average price of GBX 226 ($2.87) per share, for a total transaction of £10,735 ($13,619.64). Company insiders own 0.13% of the company’s stock.

Aurora Investment Trust Company Profile

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.