Aurora Investment Trust (LON:ARR) Sets New 12-Month Low - Here's Why

Shares of Aurora Investment Trust plc (LON:ARR - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 217 ($2.76) and last traded at GBX 225 ($2.86), with a volume of 234934 shares trading hands. The stock had previously closed at GBX 227.50 ($2.89).

Aurora Investment Trust Stock Performance

The company has a market capitalization of £171.65 million, a PE ratio of 326.32 and a beta of 1.29. The firm has a fifty day simple moving average of GBX 238.46 and a 200-day simple moving average of GBX 250.94.

Aurora Investment Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, October 31st were paid 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 payout ratio is 428.57%.

Insider Buying and Selling

In other news, insider Lucy Walker purchased 4,750 shares of the company's stock in a transaction dated Friday, December 6th. The shares were bought at an average price of GBX 226 ($2.87) per share, with a total value of £10,735 ($13,647.34). 0.13% of the stock is currently owned by insiders.

About Aurora Investment Trust

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.