Urban Logistics REIT (LON:SHED) Hits New 12-Month Low - Should You Sell?

Shares of Urban Logistics REIT (LON:SHED - Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 103.80 ($1.32) and last traded at GBX 104.12 ($1.32), with a volume of 2221008 shares. The stock had previously closed at GBX 105.60 ($1.34).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a "buy" rating on shares of Urban Logistics REIT in a report on Thursday, November 7th.

Urban Logistics REIT Stock Down 1.3 %

The company has a market cap of £491.80 million, a PE ratio of 2,084.00 and a beta of 0.89. The firm has a 50-day simple moving average of GBX 113.63 and a two-hundred day simple moving average of GBX 119.14. The company has a debt-to-equity ratio of 47.33, a current ratio of 1.67 and a quick ratio of 2.30.

Urban Logistics REIT Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 21st were paid a GBX 3.25 ($0.04) dividend. This represents a yield of 2.93%. The ex-dividend date of this dividend was Thursday, November 21st. Urban Logistics REIT's payout ratio is 16,000.00%.

Urban Logistics REIT Company Profile

Urban Logistics REIT plc (the "Company") and its subsidiaries (the "Group") carry on the business of property lettings throughout the United Kingdom. The Company is a public limited company incorporated and domiciled in England and Wales and listed on the Main Market of the London Stock Exchange.