Urban Logistics Reit (LON:SHED) Stock Price Up 1.5%

Urban Logistics Reit PLC (LON:SHED) rose 1.5% on Thursday . The company traded as high as GBX 139 ($1.82) and last traded at GBX 136 ($1.78), approximately 25,947 shares traded hands during trading. The stock had previously closed at GBX 134 ($1.75).

The firm’s fifty day moving average is GBX 133.39 and its two-hundred day moving average is GBX 126.74. The firm has a market cap of $119.12 million and a price-to-earnings ratio of 6.42. The company has a debt-to-equity ratio of 56.55, a current ratio of 1.61 and a quick ratio of 1.61.

The company also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 21st will be given a GBX 3.75 ($0.05) dividend. The ex-dividend date is Thursday, November 21st. This represents a yield of 2.78%. Urban Logistics Reit’s dividend payout ratio (DPR) is 0.28%.

About Urban Logistics Reit (LON:SHED)

Urban Logistics REIT plc, previously Pacific Industrial & Logistics REIT plc, (the "Company") and its subsidiaries (the "Group") carry on the business of property lettings throughout the United Kingdom. The Company is a public limited company incorporated and domiciled in England and Wales and listed on the AIM Market of the London Stock Exchange.

Further Reading: Margin

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