Trafalgar Property Group (LON:TRAF) Trading 16.7% Higher – Still a Buy?

Trafalgar Property Group plc (LON:TRAFGet Free Report) rose 16.7% on Thursday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 22,819,879 shares were traded during mid-day trading, an increase of 209% from the average daily volume of 7,383,000 shares. The stock had previously closed at GBX 0.03 ($0.00).

Trafalgar Property Group Price Performance

The business has a fifty day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.05. The company has a market capitalization of £229,000.00, a price-to-earnings ratio of -0.30 and a beta of 0.52.

About Trafalgar Property Group

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Trafalgar Property Group plc, through its subsidiaries, engages in residual property development business in the United Kingdom. The company undertakes residential property and assisted living projects. It is also involved in the renting of residential properties. The company was formerly known as Trafalgar New Homes Plc and changed its name to Trafalgar Property Group plc in March 2018.

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