Tritax Big Box REIT plc (LON:BBOX - Get Free Report)'s share price reached a new 52-week low on Monday . The company traded as low as GBX 131.30 ($1.66) and last traded at GBX 132.30 ($1.67), with a volume of 3269950 shares. The stock had previously closed at GBX 133.30 ($1.68).
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 182 ($2.30) target price on shares of Tritax Big Box REIT in a report on Wednesday, August 28th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of GBX 191.75 ($2.42).
Check Out Our Latest Stock Analysis on Tritax Big Box REIT
Tritax Big Box REIT Price Performance
The company has a market capitalization of £3.28 billion, a P/E ratio of 1,904.29, a P/E/G ratio of 2.05 and a beta of 0.89. The firm's fifty day moving average is GBX 143.03 and its 200 day moving average is GBX 154.09. The company has a debt-to-equity ratio of 43.99, a quick ratio of 0.42 and a current ratio of 0.54.
Tritax Big Box REIT Dividend Announcement
The company also recently declared a dividend, which was paid on Wednesday, November 27th. Investors of record on Thursday, October 31st were issued a dividend of GBX 1.83 ($0.02) per share. The ex-dividend date was Thursday, October 31st. This represents a yield of 1.2%. Tritax Big Box REIT's payout ratio is 11,428.57%.
Tritax Big Box REIT Company Profile
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Tritax Big Box REIT plc ticker: BBOX is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development.
Further Reading
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