Urban Logistics REIT (LON:SHED - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 156.80 ($2.08) and last traded at GBX 150.20 ($2.00), with a volume of 5930892 shares trading hands. The stock had previously closed at GBX 149.40 ($1.98).
Analyst Ratings Changes
Separately, Shore Capital reaffirmed a "buy" rating on shares of Urban Logistics REIT in a report on Friday, March 21st.
Read Our Latest Research Report on Urban Logistics REIT
Urban Logistics REIT Stock Performance
The firm has a market cap of £712.29 million, a PE ratio of 29.21 and a beta of 0.89. The company has a 50 day simple moving average of GBX 136.55 and a 200-day simple moving average of GBX 118.39. The company has a debt-to-equity ratio of 47.33, a current ratio of 1.85 and a quick ratio of 2.30.
Urban Logistics REIT Company Profile
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Urban Logistics REIT plc is a property investment company, quoted on the Main Market of the London Stock Exchange, LON: SHED.
The Company invests in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let logistics properties servicing high-quality tenants.
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