Tritax Big Box REIT (LON:BBOX) Hits New 12-Month Low - Here's Why

Tritax Big Box REIT plc (LON:BBOX - Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as GBX 125.05 ($1.64) and last traded at GBX 126.60 ($1.66), with a volume of 4763126 shares changing hands. The stock had previously closed at GBX 132.30 ($1.73).

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BBOX shares. Jefferies Financial Group reiterated a "buy" rating and set a GBX 189 ($2.47) price objective on shares of Tritax Big Box REIT in a research report on Monday, March 3rd. Shore Capital reiterated a "buy" rating on shares of Tritax Big Box REIT in a report on Tuesday, January 21st.

Tritax Big Box REIT Trading Up 0.3 %

The company has a current ratio of 0.54, a quick ratio of 0.42 and a debt-to-equity ratio of 43.99. The firm has a market capitalization of £3.21 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 2.05 and a beta of 0.89. The firm's 50-day moving average is GBX 141.26 and its 200 day moving average is GBX 141.35.

Tritax Big Box REIT (LON:BBOX - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The company reported GBX 8.05 ($0.11) EPS for the quarter. Tritax Big Box REIT had a net margin of 60.46% and a return on equity of 4.04%. On average, equities analysts predict that Tritax Big Box REIT plc will post 8.9700057 earnings per share for the current fiscal year.

Tritax Big Box REIT Company Profile

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.