Warehouse REIT (LON:WHR) Shares Down 0.3% - Here's What Happened

Warehouse REIT (LON:WHR - Get Free Report)'s stock price was down 0.3% on Friday . The company traded as low as GBX 78.30 ($0.97) and last traded at GBX 78.60 ($0.98). Approximately 636,384 shares changed hands during trading, a decline of 25% from the average daily volume of 851,761 shares. The stock had previously closed at GBX 78.80 ($0.98).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a "hold" rating on shares of Warehouse REIT in a research note on Thursday, November 21st.

Warehouse REIT Trading Down 0.3 %

The company has a debt-to-equity ratio of 55.20, a current ratio of 5.48 and a quick ratio of 0.71. The firm's 50 day moving average price is GBX 82.66 and its 200 day moving average price is GBX 84.58. The stock has a market capitalization of £333.94 million, a P/E ratio of 982.50, a P/E/G ratio of 1.79 and a beta of 0.91.

Warehouse REIT Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, November 28th were issued a GBX 1.60 ($0.02) dividend. This represents a yield of 1.91%. The ex-dividend date of this dividend was Thursday, November 28th. Warehouse REIT's dividend payout ratio (DPR) is currently 7,500.00%.

About Warehouse REIT

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.