Warehouse REIT (LON:WHR) Stock Price Down 0.3% – Here’s What Happened

Warehouse REIT (LON:WHR) fell 0.3% on Friday . The stock traded as low as GBX 78.30 ($0.97) and last traded at GBX 78.60 ($0.98). 636,384 shares traded hands during trading, a decline of 25% from the average session volume of 851,761 shares. The stock had previously closed at GBX 78.80 ($0.98).

Analyst Ratings Changes

Separately, Shore Capital restated a “hold” rating on shares of Warehouse REIT in a research note on Thursday, November 21st.

Warehouse REIT Stock Down 0.3 %

The company’s 50-day moving average price is GBX 82.66 and its 200 day moving average price is GBX 84.58. The company has a debt-to-equity ratio of 55.20, a quick ratio of 0.71 and a current ratio of 5.48. The stock has a market cap of £333.94 million, a PE ratio of 982.50, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91.

Warehouse REIT Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, November 28th were issued a dividend of GBX 1.60 ($0.02) per share. The ex-dividend date was Thursday, November 28th. This represents a yield of 1.91%. Warehouse REIT’s dividend payout ratio is currently 7,500.00%.

Warehouse REIT Company Profile

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.