Balanced Commercial Property Trust (LON:BCPT) Trading Down 0.1% – Here’s Why

Shares of Balanced Commercial Property Trust Ltd (LON:BCPT) traded down 0.1% during trading on Thursday . The company traded as low as GBX 95.20 ($1.24) and last traded at GBX 95.35 ($1.24). 3,898,932 shares were traded during mid-day trading, an increase of 67% from the average session volume of 2,330,225 shares. The stock had previously closed at GBX 95.40 ($1.24).

Balanced Commercial Property Trust Price Performance

The firm has a market cap of £668.93 million, a price-to-earnings ratio of -1,362.14 and a beta of 0.91. The company has a debt-to-equity ratio of 35.24, a quick ratio of 5.66 and a current ratio of 0.48. The stock’s 50 day simple moving average is GBX 93.05 and its 200-day simple moving average is GBX 84.78.

Balanced Commercial Property Trust Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were paid a dividend of GBX 0.44 ($0.01) per share. This represents a yield of 0.51%. The ex-dividend date was Thursday, August 15th. Balanced Commercial Property Trust’s payout ratio is -7,142.86%.

Balanced Commercial Property Trust Company Profile

The trust is a vehicle for investors who wish to gain exposure to prime UK commercial property. It is a constituent of the FTSE 250 Index and aims to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified UK commercial property portfolio.