Urban Logistics REIT (LON:SHED – Get Free Report)‘s stock had its “buy” rating reissued by investment analysts at Shore Capital in a research note issued on Friday, Marketbeat Ratings reports.
Urban Logistics REIT Price Performance
Shares of SHED stock opened at GBX 127.80 ($1.65) on Friday. The stock has a 50 day moving average of GBX 113.77 and a two-hundred day moving average of GBX 113.97. The company has a current ratio of 1.85, a quick ratio of 2.30 and a debt-to-equity ratio of 47.33. Urban Logistics REIT has a 12 month low of GBX 97.60 ($1.26) and a 12 month high of GBX 134.40 ($1.74). The company has a market capitalization of £593.20 million, a P/E ratio of 24.33 and a beta of 0.89.
About Urban Logistics REIT
The Company invests in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let logistics properties servicing high-quality tenants.
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