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

Aew Uk Reit (LON:AEWUGet Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 106.71 and traded as low as GBX 103.60. Aew Uk Reit shares last traded at GBX 103.80, with a volume of 277,814 shares changing hands.

Aew Uk Reit Trading Up 0.9%

The business has a 50-day moving average of GBX 106.71 and a 200-day moving average of GBX 105.46. The stock has a market capitalization of £166.01 million, a price-to-earnings ratio of 6.81 and a beta of 0.61. The company has a debt-to-equity ratio of 36.77, a quick ratio of 6.18 and a current ratio of 4.40.

About Aew Uk Reit

(Get Free Report)

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.

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