Tritax Big Box REIT (LON:BBOX) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Tritax Big Box REIT plc (LON:BBOX)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 151.75 ($1.90) and traded as low as GBX 130.10 ($1.63). Tritax Big Box REIT shares last traded at GBX 132.70 ($1.66), with a volume of 1,838,544 shares trading hands.

Tritax Big Box REIT Trading Up 1.6 %

The stock has a market cap of £3.29 billion, a PE ratio of 1,895.71, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. The company has a debt-to-equity ratio of 43.99, a quick ratio of 0.42 and a current ratio of 0.54. The company has a 50 day moving average of GBX 137.29 and a two-hundred day moving average of GBX 151.75.

Tritax Big Box REIT Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, November 27th. Stockholders of record on Thursday, October 31st were given a GBX 1.83 ($0.02) dividend. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, October 31st. Tritax Big Box REIT’s dividend payout ratio (DPR) is presently 11,428.57%.

About Tritax Big Box REIT

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development.