Tritax Big Box REIT (LON:BBOX) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Tritax Big Box REIT plc (LON:BBOX) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 151.75 ($1.88) and traded as low as GBX 130.10 ($1.61). Tritax Big Box REIT shares last traded at GBX 132.70 ($1.64), with a volume of 1,838,544 shares traded.

Tritax Big Box REIT Price Performance

The firm has a market capitalization of £3.29 billion, a price-to-earnings ratio of 1,893.94, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. The business has a fifty day moving average of GBX 136.94 and a two-hundred day moving average of GBX 151.59. The company has a debt-to-equity ratio of 43.99, a quick ratio of 0.42 and a current ratio of 0.54.

Tritax Big Box REIT Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, November 27th. Stockholders of record on Thursday, October 31st were issued a dividend of GBX 1.83 ($0.02) per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a dividend yield of 1.2%. Tritax Big Box REIT’s dividend payout ratio (DPR) is presently 11,428.57%.

About Tritax Big Box REIT

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.