Globalworth Real Estate Investments (LON:GWI) Shares Cross Below 200-Day Moving Average – Here’s Why

Globalworth Real Estate Investments (LON:GWI)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2.60 ($0.03) and traded as low as GBX 2.52 ($0.03). Globalworth Real Estate Investments shares last traded at GBX 2.52 ($0.03), with a volume of 1,562 shares.

Globalworth Real Estate Investments Trading Down 2.7 %

The firm’s 50-day simple moving average is GBX 2.63 and its 200 day simple moving average is GBX 2.60. The stock has a market cap of £702.26 million, a P/E ratio of -6.94 and a beta of 0.67.

Globalworth Real Estate Investments Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, March 20th will be given a dividend of €0.09 ($0.10) per share. This represents a dividend yield of 3.45%. The ex-dividend date of this dividend is Thursday, March 20th. Globalworth Real Estate Investments’s dividend payout ratio (DPR) is presently -5,782.29%.

Globalworth Real Estate Investments Company Profile

Globalworth Real Estate Investment Ltd is a real estate investment firm specializing distressed investments in the commercial real estate market. It focuses on Romania, and also across South Eastern Europe and Central and Eastern Europe. Globalworth Real Estate Investment Ltd is based in St Peter Port, Channel Islands.