Warehouse REIT (LON:WHR) Trading 0.5% Higher – What’s Next?

Warehouse REIT (LON:WHR) shares were up 0.5% during mid-day trading on Thursday . The company traded as high as GBX 81.37 ($1.03) and last traded at GBX 80.30 ($1.01). Approximately 1,397,559 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 956,793 shares. The stock had previously closed at GBX 79.90 ($1.01).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of Warehouse REIT in a research report on Thursday, November 21st.

Warehouse REIT Price Performance

The stock has a market capitalization of £342.86 million, a PE ratio of 1,008.75, a P/E/G ratio of 1.79 and a beta of 0.91. The company has a debt-to-equity ratio of 55.20, a current ratio of 5.48 and a quick ratio of 0.71. The firm’s 50 day simple moving average is GBX 85.21 and its 200 day simple moving average is GBX 84.96.

Warehouse REIT Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, November 28th will be given a GBX 1.60 ($0.02) dividend. This represents a yield of 1.91%. The ex-dividend date of this dividend is Thursday, November 28th. Warehouse REIT’s payout ratio is presently 7,500.00%.

About Warehouse REIT

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.