Tritax Big Box REIT (LON:BBOX) Stock Price Crosses Below 200-Day Moving Average of $126.94

Shares of Tritax Big Box REIT PLC (LON:BBOX) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $126.94 and traded as low as $141.47. Tritax Big Box REIT shares last traded at $142.40, with a volume of 3,578,630 shares.

Several equities research analysts have issued reports on the company. Royal Bank of Canada restated an “outperform” rating and set a GBX 195 ($2.55) price objective on shares of Tritax Big Box REIT in a report on Thursday, August 15th. Liberum Capital restated a “hold” rating on shares of Tritax Big Box REIT in a report on Thursday, August 8th. Barclays restated an “underweight” rating and set a GBX 130 ($1.70) price objective (down from GBX 155 ($2.03)) on shares of Tritax Big Box REIT in a report on Thursday, August 22nd. Finally, Numis Securities restated a “hold” rating and set a GBX 143 ($1.87) price objective (down from GBX 153 ($2.00)) on shares of Tritax Big Box REIT in a report on Thursday, May 16th.

The stock has a fifty day moving average price of GBX 150.75 and a two-hundred day moving average price of GBX 126.94.



Tritax Big Box REIT (LON:BBOX) last issued its quarterly earnings results on Thursday, August 8th. The company reported GBX 3.41 ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 3.50 ($0.05) by GBX (0.09) ($0.00).

The company also recently declared a dividend, which was paid on Thursday, August 15th. Stockholders of record on Thursday, July 25th were issued a GBX 1.71 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, July 25th. This represents a dividend yield of 1.08%.

In other news, insider Aubrey Adams purchased 36,957 shares of the stock in a transaction dated Thursday, August 15th. The stock was acquired at an average cost of GBX 143 ($1.87) per share, for a total transaction of £52,848.51 ($69,055.94).

Tritax Big Box REIT Company Profile (LON:BBOX)

Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq.

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