Tritax Big Box REIT (LON:BBOX) Stock Passes Below 200-Day Moving Average – What’s Next?

Tritax Big Box REIT plc (LON:BBOX) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-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 trading hands.

Tritax Big Box REIT Trading Down 0.1 %

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

Tritax Big Box REIT Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, November 27th. Investors of record on Thursday, October 31st were paid a GBX 1.83 ($0.02) dividend. The ex-dividend date was Thursday, October 31st. This represents a dividend yield of 1.2%. Tritax Big Box REIT’s payout ratio is currently 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.