Aew Uk Reit (LON:AEWU) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Aew Uk Reit (LON:AEWU)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 96.39 ($1.25) and traded as high as GBX 101 ($1.31). Aew Uk Reit shares last traded at GBX 96.60 ($1.25), with a volume of 261,844 shares.

Aew Uk Reit Stock Up 0.1 %

The company has a current ratio of 4.90, a quick ratio of 6.18 and a debt-to-equity ratio of 36.77. The company has a market capitalization of £153.19 million, a P/E ratio of 1,610.00 and a beta of 0.61. The stock has a 50 day moving average price of GBX 96.39 and a 200 day moving average price of GBX 91.12.

Aew Uk Reit Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be given a GBX 2 ($0.03) dividend. The ex-dividend date is Thursday, October 31st. This represents a yield of 2.14%. Aew Uk Reit’s dividend payout ratio is presently 13,333.33%.

Insider Activity

In other Aew Uk Reit news, insider Elizabeth (Liz) Peace purchased 15,666 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was purchased at an average cost of GBX 95 ($1.23) per share, for a total transaction of £14,882.70 ($19,300.61). Insiders own 26.64% of the company’s stock.

About Aew Uk Reit

AEW UK REIT plc (LSE: AEWU) aims to deliver an attractive total return to shareholders by investing predominantly in smaller commercial properties (typically less than £15 million), on shorter occupational leases in strong commercial locations across the United Kingdom. The Company is currently invested in office, retail, industrial and leisure assets, with a focus on active asset management, repositioning the properties and improving the quality of income streams.