Sirius Real Estate (LON:SRE) Hits New 12-Month Low – Here’s Why

Shares of Sirius Real Estate Limited (LON:SRE) hit a new 52-week low on Thursday . The company traded as low as GBX 82.35 ($1.04) and last traded at GBX 82.65 ($1.04), with a volume of 1778983 shares changing hands. The stock had previously closed at GBX 85.90 ($1.08).

Sirius Real Estate Trading Down 0.7 %

The company has a quick ratio of 1.49, a current ratio of 1.87 and a debt-to-equity ratio of 69.81. The firm’s 50 day simple moving average is GBX 89.28 and its 200-day simple moving average is GBX 94.26. The company has a market capitalization of £1.23 billion, a PE ratio of 1,173.57 and a beta of 1.18.

Sirius Real Estate Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, January 23rd. Investors of record on Thursday, December 12th will be issued a dividend of €0.03 ($0.03) per share. This represents a yield of 2.89%. This is a boost from Sirius Real Estate’s previous dividend of $0.03. The ex-dividend date is Thursday, December 12th. Sirius Real Estate’s dividend payout ratio (DPR) is presently 7,142.86%.

Insider Transactions at Sirius Real Estate

In other Sirius Real Estate news, insider Andrew Coombs sold 48,220 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of GBX 100 ($1.26), for a total transaction of £48,220 ($60,860.79). 1.95% of the stock is owned by insiders.

About Sirius Real Estate

Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company’s core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company’s own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.