Triple Point Social Housing REIT (LON:SOHO) Trading Down 2.2% - Should You Sell?

Triple Point Social Housing REIT plc (LON:SOHO - Get Free Report) shares dropped 2.2% during trading on Monday . The stock traded as low as GBX 58.20 ($0.73) and last traded at GBX 58.20 ($0.73). Approximately 464,415 shares traded hands during trading, an increase of 13% from the average daily volume of 411,796 shares. The stock had previously closed at GBX 59.50 ($0.74).

Triple Point Social Housing REIT Stock Down 0.3 %

The firm has a 50 day simple moving average of GBX 61.15 and a two-hundred day simple moving average of GBX 61.50. The stock has a market capitalization of £228.21 million, a P/E ratio of 644.44 and a beta of 0.30. The company has a quick ratio of 10.82, a current ratio of 12.24 and a debt-to-equity ratio of 58.68.

Triple Point Social Housing REIT Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 28th were paid a GBX 1.37 ($0.02) dividend. This represents a yield of 2.22%. The ex-dividend date was Thursday, November 28th. Triple Point Social Housing REIT's dividend payout ratio (DPR) is presently 5,555.56%.

About Triple Point Social Housing REIT

Triple Point Social Housing REIT plc is improving the lives of vulnerable people across the UK by meeting the critical demand for specialised supported housing. Our homes give residents greater independence and dignity than traditional institutional care whilst still addressing their specialist care needs. Our ambition is to be the leading UK Supported Housing investor, helping guarantee a secure future for people in need across the country, while ensuring that our shareholders have an attractive, long-term income source with a positive social impact.