Warehouse REIT (LON:WHR) Stock Price Up 0.5% – Here’s Why

Warehouse REIT (LON:WHR) shares traded up 0.5% on Thursday . The stock traded as high as GBX 81.37 ($1.03) and last traded at GBX 80.30 ($1.01). 1,397,559 shares changed hands during trading, an increase of 46% from the average session volume of 956,793 shares. The stock had previously closed at GBX 79.90 ($1.01).

Analyst Ratings Changes

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

Warehouse REIT Price Performance

The business’s 50-day moving average price is GBX 85.21 and its 200 day moving average price is GBX 84.96. The stock has a market capitalization of £342.86 million, a PE ratio of 1,008.75, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91. The company has a debt-to-equity ratio of 55.20, a quick ratio of 0.71 and a current ratio of 5.48.

Warehouse REIT Dividend Announcement

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

About Warehouse REIT

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.