UK Commercial Property REIT (LON:UKCM) Stock Price Passes Above 200-Day Moving Average of $61.95

UK Commercial Property REIT Limited (LON:UKCM)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 61.95 ($0.78) and traded as high as GBX 67.75 ($0.85). UK Commercial Property REIT shares last traded at GBX 67.30 ($0.85), with a volume of 1,292,204 shares.

UK Commercial Property REIT Stock Performance

The firm has a 50 day moving average of GBX 66.29 and a 200-day moving average of GBX 61.95. The stock has a market capitalization of £874.90 million, a PE ratio of -249.26 and a beta of 0.35. The company has a debt-to-equity ratio of 21.40, a quick ratio of 2.58 and a current ratio of 2.46.

UK Commercial Property REIT Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th were paid a dividend of GBX 0.85 ($0.01) per share. This represents a dividend yield of 1.33%. The ex-dividend date was Thursday, February 15th. UK Commercial Property REIT’s dividend payout ratio (DPR) is presently -1,111.11%.

UK Commercial Property REIT Company Profile

UK Commercial Property REIT Limited (UKCM) is a listed Real Estate Investment Trust (REIT) with a net asset value of £1.1 billion as at 30 June 2023. UKCM is one of the largest diversified REITs in the UK and is a component of the FTSE 250 index made up of the largest 350 companies with a primary listing on the London Stock Exchange.