Aurora Investment Trust (LON:ARR) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Aurora Investment Trust plc (LON:ARRGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 236.56 and traded as high as GBX 244. Aurora Investment Trust shares last traded at GBX 244, with a volume of 141,386 shares changing hands.

Aurora Investment Trust Stock Performance

The stock has a market capitalization of £265.33 million, a P/E ratio of 5.82 and a beta of 1.38. The stock’s fifty day simple moving average is GBX 236.56 and its two-hundred day simple moving average is GBX 255.84.

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

About Aurora Investment Trust

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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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