Aew Uk Reit (LON:AEWU) Stock Passes Below 50-Day Moving Average - What's Next?

Aew Uk Reit (LON:AEWU - Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 100.12 ($1.33) and traded as low as GBX 92.50 ($1.22). Aew Uk Reit shares last traded at GBX 97.60 ($1.29), with a volume of 507,693 shares.

Aew Uk Reit Stock Performance

The business has a fifty day moving average of GBX 100.16 and a 200-day moving average of GBX 98.73. The company has a market cap of £162.06 million, a PE ratio of 17.91 and a beta of 0.61. The company has a current ratio of 4.40, a quick ratio of 6.18 and a debt-to-equity ratio of 36.77.

Aew Uk Reit Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, April 7th. Stockholders of record on Thursday, April 3rd were paid a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date of this dividend was Thursday, April 3rd. This is a boost from Aew Uk Reit's previous dividend of $2.00. This represents a dividend yield of 1.04%. Aew Uk Reit's payout ratio is 140.08%.

About Aew Uk Reit

AEW UK REIT invests in UK commercial property assets in strong locations, adopting a value investment strategy to deliver attractive returns for its shareholders. The Company invests in mispriced assets where it believes value can be created through asset management initiatives. AEW UK REIT assesses an asset's potential for investment returns based upon its own fundamental merits and is therefore unconstrained by sector. AEW UK REIT has provided investors with a stable dividend of 8p per share per annum, paid since Q1 2016.