Aew Uk Reit (LON:AEWU) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Shares of Aew Uk Reit (LON:AEWU) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 106.84 and traded as low as GBX 105.40. Aew Uk Reit shares last traded at GBX 105.40, with a volume of 238,002 shares trading hands.

Aew Uk Reit Stock Down 0.9%

The firm’s fifty day simple moving average is GBX 107.81 and its 200-day simple moving average is GBX 106.86. The firm has a market capitalization of £167.24 million, a PE ratio of 13.09 and a beta of 0.80.

Aew Uk Reit Company Profile

AEW UK REIT invests in UK commercial property assets in strong locations, adopting a value investment strategy to deliver attractive returns for its shareholders.

The Company invests in mispriced assets where it believes value can be created through asset management initiatives. AEW UK REIT assesses an asset’s potential for investment returns based upon its own fundamental merits and is therefore unconstrained by sector.

AEW UK REIT has provided investors with a stable dividend of 8p per share per annum, paid since Q1 2016.