Tritax Big Box (LON:BBOX - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 153.20 ($1.94) and traded as low as GBX 148.90 ($1.88). Tritax Big Box shares last traded at GBX 150 ($1.90), with a volume of 4,262,545 shares.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on BBOX. Barclays upped their price target on Tritax Big Box from GBX 165 ($2.09) to GBX 190 ($2.40) and gave the stock an "overweight" rating in a report on Wednesday, April 3rd. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 155 ($1.96) price target on shares of Tritax Big Box in a report on Thursday, February 8th. Finally, Shore Capital reaffirmed a "buy" rating on shares of Tritax Big Box in a report on Friday, March 1st.
View Our Latest Analysis on BBOX
Tritax Big Box Stock Up 0.5 %
The company has a quick ratio of 0.42, a current ratio of 0.40 and a debt-to-equity ratio of 48.45. The business has a 50-day moving average price of GBX 153.34 and a 200-day moving average price of GBX 153.17. The firm has a market capitalization of £2.87 billion, a PE ratio of 3,770.00, a price-to-earnings-growth ratio of 2.05 and a beta of 0.88.
Tritax Big Box Increases Dividend
The company also recently declared a dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Thursday, March 14th were paid a dividend of GBX 2.05 ($0.03) per share. This represents a yield of 1.4%. This is a boost from Tritax Big Box's previous dividend of $1.75. The ex-dividend date of this dividend was Thursday, March 14th. Tritax Big Box's dividend payout ratio is 17,500.00%.
About Tritax Big Box
(
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Tritax Big Box REIT plc (Tritax Big Box or the Company) is the UK's specialist in logistics real estate with the UK's largest investment portfolio and largest logistics-focused land platform. Tritax Big Box 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.
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