Warehouse REIT (LON:WHR) Trading Down 1.3%

Warehouse REIT (LON:WHR)’s share price traded down 1.3% during mid-day trading on Tuesday . The stock traded as low as GBX 76.70 ($0.95) and last traded at GBX 77.60 ($0.97). 683,285 shares were traded during trading, a decline of 27% from the average session volume of 931,605 shares. The stock had previously closed at GBX 78.60 ($0.98).

Analyst Ratings Changes

Separately, Shore Capital cut Warehouse REIT to a “hold” rating in a research report on Monday, March 4th.

Warehouse REIT Stock Performance

The company has a 50-day simple moving average of GBX 79.90 and a two-hundred day simple moving average of GBX 81.99. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 55.11. The firm has a market cap of £330.54 million, a PE ratio of -288.15, a PEG ratio of 1.79 and a beta of 0.88.

Warehouse REIT Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Thursday, February 29th were given a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a yield of 1.9%. Warehouse REIT’s dividend payout ratio is currently -2,222.22%.

Warehouse REIT Company Profile

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.