Aew Uk Reit (LON:AEWU) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Aew Uk Reit (LON:AEWU)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 99.88 ($1.29) and traded as high as GBX 103 ($1.33). Aew Uk Reit shares last traded at GBX 98.60 ($1.27), with a volume of 649,033 shares traded.

Aew Uk Reit Stock Up 0.4 %

The company has a debt-to-equity ratio of 36.77, a quick ratio of 6.18 and a current ratio of 4.40. The firm has a market cap of £156.82 million, a price-to-earnings ratio of 17.33 and a beta of 0.61. The business’s 50 day moving average price is GBX 99.88 and its 200 day moving average price is GBX 97.86.

Aew Uk Reit Company Profile

AEW UK REIT invests in UK commercial property assets in strong locations, adopting a value investment strategy to deliver attractive returns for its shareholders.

The Company invests in mispriced assets where it believes value can be created through asset management initiatives. AEW UK REIT assesses an asset’s potential for investment returns based upon its own fundamental merits and is therefore unconstrained by sector.

AEW UK REIT has provided investors with a stable dividend of 8p per share per annum, paid since Q1 2016.