Urban Logistics REIT (LON:SHED - Get Free Report) shares were up 0.3% during trading on Monday . The company traded as high as GBX 157.20 ($2.13) and last traded at GBX 156.07 ($2.11). Approximately 28,236,854 shares changed hands during trading, an increase of 369% from the average daily volume of 6,020,903 shares. The stock had previously closed at GBX 155.60 ($2.11).
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "buy" rating on shares of Urban Logistics REIT in a research note on Friday, March 21st.
Check Out Our Latest Analysis on Urban Logistics REIT
Urban Logistics REIT Trading Up 0.3%
The stock has a market capitalization of £724.39 million, a price-to-earnings ratio of 29.71 and a beta of 0.89. The company's 50 day moving average is GBX 151.47 and its 200 day moving average is GBX 126.67. The company has a debt-to-equity ratio of 47.33, a quick ratio of 2.30 and a current ratio of 1.85.
About Urban Logistics REIT
(
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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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