Aew Uk Reit (LON:AEWU) Trading Up 0.6% - Here's Why

Key Points

• Aew UK Reit shares increased by 0.6% during mid-day trading, reaching a high of GBX 110.50 ($1.49) and trading at GBX 109.60 ($1.48) later on.
• The company boasts a market cap of £173.63 million and a stable dividend of 8p per share, consistently paid since Q1 2016.
• Insider Robin Archibald bought 4,505 shares at an average cost of GBX 110, indicating confidence in the company's performance.

Shares of Aew Uk Reit (LON:AEWU - ) traded up 0.6% during mid-day trading on Wednesday . The stock traded as high as GBX 110.50 ($1.49) and last traded at GBX 109.60 ($1.48). 555,656 shares were traded during trading, an increase of 54% from the average session volume of 361,736 shares. The stock had previously closed at GBX 109 ($1.47).

Aew Uk Reit Price Performance

The company has a quick ratio of 6.18, a current ratio of 4.40 and a debt-to-equity ratio of 36.77. The company has a market cap of £173.63 million, a PE ratio of 713.08 and a beta of 0.61. The stock has a 50-day simple moving average of GBX 105.44 and a 200 day simple moving average of GBX 103.95.

Insider Activity

In related news, insider Robin Archibald acquired 4,505 shares of Aew Uk Reit stock in a transaction that occurred on Thursday, July 24th. The shares were purchased at an average cost of GBX 110 per share, for a total transaction of £4,955.50. Insiders own 0.88% of the company's stock.

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.

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