Tritax Big Box REIT (LON:BBOX) Issues Quarterly Earnings Results

Tritax Big Box REIT (LON:BBOX) issued its earnings results on Friday. The company reported GBX 8.05 ($0.10) earnings per share for the quarter, Digital Look Earnings reports. Tritax Big Box REIT had a net margin of 60.46% and a return on equity of 4.04%.

Tritax Big Box REIT Stock Up 2.5 %

Shares of LON BBOX opened at GBX 147.30 ($1.85) on Friday. Tritax Big Box REIT has a 12-month low of GBX 125.20 ($1.57) and a 12-month high of GBX 168.90 ($2.12). The company has a market capitalization of £3.65 billion, a PE ratio of 19.26, 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 current ratio of 0.54 and a quick ratio of 0.42. The firm’s 50-day moving average is GBX 140.03 and its two-hundred day moving average is GBX 146.66.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a report on Tuesday, January 21st. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 191.75 ($2.41).

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.