Aew Uk Reit (LON:AEWU) Stock Passes Above 50 Day Moving Average - Here's What Happened

Aew Uk Reit (LON:AEWU - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 99.88 ($1.29) and traded as high as GBX 103 ($1.33). Aew Uk Reit shares last traded at GBX 98.60 ($1.27), with a volume of 649,033 shares.

Aew Uk Reit Price Performance

The company has a 50-day simple moving average of GBX 99.83 and a 200-day simple moving average of GBX 97.90. The stock has a market cap of £158.27 million, a PE ratio of 17.49 and a beta of 0.61. The company has a debt-to-equity ratio of 36.77, a current ratio of 4.40 and a quick ratio of 6.18.

Aew Uk Reit Company Profile

AEW UK REIT invests in UK commercial property assets in strong locations, adopting a value investment strategy to deliver attractive returns for its shareholders. The Company invests in mispriced assets where it believes value can be created through asset management initiatives. AEW UK REIT assesses an asset's potential for investment returns based upon its own fundamental merits and is therefore unconstrained by sector. AEW UK REIT has provided investors with a stable dividend of 8p per share per annum, paid since Q1 2016.