Tritax Big Box REIT (LON:BBOX) Trading Down 0.2% - What's Next?

Tritax Big Box REIT plc (LON:BBOX - Get Free Report) shares fell 0.2% during mid-day trading on Thursday . The company traded as low as GBX 133 ($1.69) and last traded at GBX 134.10 ($1.70). 2,675,134 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 8,507,012 shares. The stock had previously closed at GBX 134.40 ($1.70).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 182 ($2.31) price target on shares of Tritax Big Box REIT in a research report on Wednesday, August 28th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of GBX 191.75 ($2.43).

Tritax Big Box REIT Price Performance

The company has a quick ratio of 0.42, a current ratio of 0.54 and a debt-to-equity ratio of 43.99. The firm has a market cap of £3.31 billion, a price-to-earnings ratio of 1,915.71, a PEG ratio of 2.05 and a beta of 0.89. The company's 50-day moving average price is GBX 143.49 and its 200-day moving average price is GBX 154.24.

Tritax Big Box REIT Dividend Announcement

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