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

Aew Uk Reit (LON:AEWU)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 97.03 ($1.22) and traded as high as GBX 102 ($1.28). Aew Uk Reit shares last traded at GBX 100.20 ($1.26), with a volume of 80,545 shares traded.

Aew Uk Reit Stock Up 1.6 %

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 firm has a market capitalization of £158.74 million, a P/E ratio of 1,670.00 and a beta of 0.61. The stock’s 50-day simple moving average is GBX 97.03 and its 200-day simple moving average is GBX 94.20.

Aew Uk Reit Announces Dividend

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

Aew Uk Reit Company Profile

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.