UK Commercial Property REIT (LON:UKCM) Stock Passes Above Two Hundred Day Moving Average of $53.14

UK Commercial Property REIT Limited (LON:UKCM)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 53.14 ($0.65) and traded as high as GBX 62.70 ($0.77). UK Commercial Property REIT shares last traded at GBX 59.50 ($0.73), with a volume of 3,415,886 shares trading hands.

UK Commercial Property REIT Stock Up 1.8 %

The business has a 50 day moving average price of GBX 54.59 and a 200 day moving average price of GBX 53.21. The firm has a market capitalization of £754 million, a P/E ratio of -212.59 and a beta of 0.30. The company has a debt-to-equity ratio of 21.40, a current ratio of 2.46 and a quick ratio of 2.58.

UK Commercial Property REIT Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th will be paid a GBX 0.85 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a dividend yield of 1.52%. UK Commercial Property REIT’s payout ratio is -1,111.11%.

UK Commercial Property REIT Company Profile

UK Commercial Property REIT Limited (UKCM) is a listed Real Estate Investment Trust (REIT) with a net asset value of £1.1 billion as at 30 June 2023. UKCM is one of the largest diversified REITs in the UK and is a component of the FTSE 250 index made up of the largest 350 companies with a primary listing on the London Stock Exchange.