Shares of Tritax Big Box REIT plc (OTCMKTS:TTBXF – Get Free Report) were down 13.7% on Friday . The stock traded as low as $1.7615 and last traded at $1.7615. Approximately 1,000 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 2,478 shares. The stock had previously closed at $2.04.
Tritax Big Box REIT Trading Down 13.7%
The company’s 50 day moving average is $2.11 and its 200-day moving average is $1.99.
Tritax Big Box REIT Company Profile
Tritax Big Box REIT (OTCMKTS: TTBXF) is a real estate investment trust specializing in large-scale logistics and distribution properties across the United Kingdom. The company focuses on acquiring, managing and leasing modern “big box” warehouses that serve as critical nodes in e-commerce, retail and third-party logistics networks. Its assets are designed to offer high quality, sustainable space with efficient floor plans, abundant parking and strong transport links.
The REIT’s portfolio is externally managed by Tritax Management LLP, a specialist real estate investment manager with experience in the logistics sector.
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