Charter Hall Education Trust (ASX:CQE) Trading Down 0.8%

Shares of Charter Hall Education Trust (ASX:CQE) dropped 0.8% on Friday . The company traded as low as A$3.51 ($2.49) and last traded at A$3.54 ($2.51), approximately 530,197 shares traded hands during mid-day trading. The stock had previously closed at A$3.57 ($2.53).

The business has a 50 day moving average price of A$3.32 and a 200 day moving average price of A$3.59. The firm has a market capitalization of $1.07 billion and a P/E ratio of 13.77. The company has a debt-to-equity ratio of 31.11, a current ratio of 0.65 and a quick ratio of 0.49.

The business also recently disclosed a Interim dividend, which was paid on Monday, January 20th. Shareholders of record on Monday, January 20th were paid a dividend of $0.042 per share. The ex-dividend date was Monday, December 30th. This represents a yield of 1.25%. Charter Hall Education Trust’s dividend payout ratio is currently 66.15%.

Charter Hall Education Trust Company Profile (ASX:CQE)

Charter Hall Education Trust is the largest Australian ASX-listed real estate investment trust (A-REIT) that invests in early learning properties. Charter Hall Education Trust is managed by Charter Hall Group (ASX:CHC), one of Australia's leading fully integrated property groups, with over $26.4 billion of high quality, long leased property across the office, retail, industrial and social infrastructure sectors.

Further Reading: How Do You Calculate Return on Equity (ROE)?

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