Aurora (LON:ARR) Shares Pass Above Fifty Day Moving Average of $242.61

Aurora (LON:ARR) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 242.61 ($3.00) and traded as high as GBX 244 ($3.01). Aurora shares last traded at GBX 244 ($3.01), with a volume of 149,877 shares traded.

Aurora Stock Performance

The company has a market capitalization of £185.64 million, a PE ratio of 1,161.90 and a beta of 1.32. The firm’s 50-day simple moving average is GBX 242.77 and its 200 day simple moving average is GBX 233.52.

Aurora Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 20th. Shareholders of record on Thursday, May 9th will be given a dividend of GBX 3.45 ($0.04) per share. This is a positive change from Aurora’s previous dividend of $2.97. This represents a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, May 9th. Aurora’s payout ratio is presently 1,428.57%.

Aurora 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.