Triple Point Social Housing REIT (LON:SOHO) Reaches New 52-Week Low – Time to Sell?

Triple Point Social Housing REIT plc (LON:SOHO) reached a new 52-week low during trading on Monday . The company traded as low as GBX 42 ($0.53) and last traded at GBX 59.30 ($0.75), with a volume of 384548 shares trading hands. The stock had previously closed at GBX 60.30 ($0.76).

Triple Point Social Housing REIT Stock Performance

The company’s fifty day simple moving average is GBX 62.52 and its two-hundred day simple moving average is GBX 61.26. The company has a market capitalization of £231.36 million, a price-to-earnings ratio of 662.22 and a beta of 0.30. The company has a debt-to-equity ratio of 58.68, a quick ratio of 10.82 and a current ratio of 12.24.

Triple Point Social Housing REIT Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 28th were paid a GBX 1.37 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, November 28th. This represents a yield of 2.22%. Triple Point Social Housing REIT’s dividend payout ratio (DPR) is 5,555.56%.

Triple Point Social Housing REIT Company Profile

Triple Point Social Housing REIT plc (the "Company") is a Real Estate Investment Trust ("REIT") incorporated in England and Wales under the Companies Act 2006 as a public company limited by shares on 12 June 2017. The address of the registered office is 1 King William Street, United Kingdom, EC4N 7AF.