Aurora Investment Trust (LON:ARR) Reaches New 52-Week Low – Time to Sell?

Aurora Investment Trust plc (LON:ARR) reached a new 52-week low during trading on Monday . The company traded as low as GBX 217 ($2.65) and last traded at GBX 218 ($2.66), with a volume of 215723 shares changing hands. The stock had previously closed at GBX 219 ($2.67).

Aurora Investment Trust Stock Up 3.2 %

The company has a market cap of £172.42 million, a price-to-earnings ratio of 322.86 and a beta of 1.29. The stock’s 50-day simple moving average is GBX 228.84 and its 200 day simple moving average is GBX 247.29.

Aurora Investment Trust Cuts Dividend

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

Insider Transactions at Aurora Investment Trust

In other Aurora Investment Trust news, insider Lucy Walker purchased 4,750 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was bought at an average price of GBX 226 ($2.76) per share, with a total value of £10,735 ($13,105.85). Company insiders own 0.13% of the company’s stock.

About Aurora Investment Trust

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.