Aew Uk Reit (LON:AEWU) Shares Pass Above Fifty Day Moving Average – Here’s Why

Aew Uk Reit (LON:AEWU)’s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 97.03 ($1.22) and traded as high as GBX 102 ($1.28). Aew Uk Reit shares last traded at GBX 100.20 ($1.26), with a volume of 80,545 shares traded.

Aew Uk Reit Trading Down 0.1 %

The company has a 50 day moving average of GBX 97.23 and a 200 day moving average of GBX 94.33. The firm has a market cap of £158.56 million, a price-to-earnings ratio of 1,668.15 and a beta of 0.61. The company has a current ratio of 4.90, a quick ratio of 6.18 and a debt-to-equity ratio of 36.77.

Aew Uk Reit Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, October 31st were given a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 2.14%. The ex-dividend date was Thursday, October 31st. Aew Uk Reit’s dividend payout ratio (DPR) is currently 13,333.33%.

About Aew Uk Reit

AEW UK REIT plc (LSE: AEWU) aims to deliver an attractive total return to shareholders by investing predominantly in smaller commercial properties (typically less than £15 million), on shorter occupational leases in strong commercial locations across the United Kingdom. The Company is currently invested in office, retail, industrial and leisure assets, with a focus on active asset management, repositioning the properties and improving the quality of income streams.