Shore Capital reissued their buy rating on shares of Urban Logistics REIT (LON:SHED – Free Report) in a report issued on Friday, MarketBeat.com reports.
Urban Logistics REIT Stock Performance
Shares of LON SHED opened at GBX 127.80 ($1.65) on Friday. The stock has a fifty day moving average price of GBX 113.77 and a two-hundred day moving average price of GBX 113.93. The company has a debt-to-equity ratio of 47.33, a quick ratio of 2.30 and a current ratio of 1.85. The firm has a market cap of £593.20 million, a P/E ratio of 24.33 and a beta of 0.89. Urban Logistics REIT has a 1 year low of GBX 97.60 ($1.26) and a 1 year high of GBX 134.40 ($1.74).
About Urban Logistics REIT
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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