Tritax Big Box REIT (LON:BBOX) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Tritax Big Box REIT plc (LON:BBOX - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 152.88 ($1.92) and traded as low as GBX 129.10 ($1.62). Tritax Big Box REIT shares last traded at GBX 130.50 ($1.64), with a volume of 3,015,493 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a "buy" rating and set a GBX 182 ($2.28) target price on shares of Tritax Big Box REIT in a report on Wednesday, August 28th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of GBX 191.75 ($2.40).

Tritax Big Box REIT Stock Performance

The company has a debt-to-equity ratio of 43.99, a current ratio of 0.54 and a quick ratio of 0.42. The company has a market capitalization of £3.24 billion, a price-to-earnings ratio of 1,864.29, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. The business has a fifty day moving average price of GBX 140.31 and a 200 day moving average price of GBX 152.88.

Tritax Big Box REIT Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, October 31st were issued a GBX 1.83 ($0.02) dividend. This represents a yield of 1.2%. The ex-dividend date of this dividend was Thursday, October 31st. Tritax Big Box REIT's dividend payout ratio (DPR) is presently 11,428.57%.

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.