Tritax Big Box REIT (LON:BBOX) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Tritax Big Box REIT plc (LON:BBOX - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 138.94 ($1.88) and traded as low as GBX 138.80 ($1.88). Tritax Big Box REIT shares last traded at GBX 139.40 ($1.88), with a volume of 5,475,112 shares changing hands.

Analysts Set New Price Targets

A number of brokerages have issued reports on BBOX. Jefferies Financial Group reissued a "buy" rating and issued a GBX 189 ($2.55) price target on shares of Tritax Big Box REIT in a report on Monday, March 3rd. Shore Capital reaffirmed a "buy" rating on shares of Tritax Big Box REIT in a research note on Wednesday, May 7th.

Tritax Big Box REIT Stock Up 1.2%

The company has a debt-to-equity ratio of 43.99, a quick ratio of 0.42 and a current ratio of 0.54. The business has a 50-day simple moving average of GBX 139.17 and a two-hundred day simple moving average of GBX 139.02. The company has a market capitalization of £3.56 billion, a price-to-earnings ratio of 18.78, a PEG ratio of 2.05 and a beta of 0.89.

Tritax Big Box REIT (LON:BBOX - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The company reported GBX 8.05 ($0.11) EPS for the quarter. Tritax Big Box REIT had a return on equity of 4.04% and a net margin of 60.46%. As a group, equities analysts predict that Tritax Big Box REIT plc will post 8.9700057 EPS for the current year.

Tritax Big Box REIT Company Profile

Tritax Big Box REIT plc ticker: BBOX is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX 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.