Aurora Investment Trust (LON:ARR) Sets New 52-Week Low – Here’s Why

Aurora Investment Trust plc (LON:ARR) reached a new 52-week low on Tuesday . The stock traded as low as GBX 217 ($2.71) and last traded at GBX 225 ($2.81), with a volume of 234934 shares changing hands. The stock had previously closed at GBX 227.50 ($2.84).

Aurora Investment Trust Stock Performance

The company has a market cap of £167.84 million, a PE ratio of 314.29 and a beta of 1.29. The company has a fifty day moving average of GBX 237.62 and a two-hundred day moving average of GBX 250.56.

Aurora Investment Trust Cuts Dividend

The company also recently announced 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 (DPR) is presently 428.57%.

Insider Buying and Selling

In related news, insider Lucy Walker purchased 4,750 shares of Aurora Investment Trust stock in a transaction that occurred on Friday, December 6th. The shares were bought at an average price of GBX 226 ($2.82) per share, with a total value of £10,735 ($13,417.07). 0.13% of the stock is owned by corporate insiders.

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.