Aew Uk Reit (LON:AEWU) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Aew Uk Reit (LON:AEWU)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 106.15 and traded as high as GBX 108. Aew Uk Reit shares last traded at GBX 107, with a volume of 126,542 shares trading hands.

Aew Uk Reit Stock Performance

The company has a market capitalization of £172.00 million, a P/E ratio of 17.29 and a beta of 0.84. The company has a debt-to-equity ratio of 34.93, a current ratio of 2,102.77 and a quick ratio of 6.18. The company has a fifty day moving average price of GBX 106.20 and a two-hundred day moving average price of GBX 105.81.

Aew Uk Reit (LON:AEWU) last released its quarterly earnings data on Tuesday, June 30th. The company reported GBX 6.27 earnings per share (EPS) for the quarter. Aew Uk Reit had a return on equity of 5.76% and a net margin of 43.28%. Equities analysts forecast that Aew Uk Reit will post 8.3599994 earnings per share for the current fiscal year.

About Aew Uk Reit

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.