Shore Capital reaffirmed their buy rating on shares of Urban Logistics REIT (LON:SHED – Free Report) in a research note released on Friday,London Stock Exchange reports.
Urban Logistics REIT Trading Up 4.6 %
LON SHED opened at GBX 121.33 ($1.57) on Friday. Urban Logistics REIT has a 1-year low of GBX 97.60 ($1.26) and a 1-year high of GBX 128.60 ($1.66). The company has a current ratio of 1.85, a quick ratio of 2.30 and a debt-to-equity ratio of 47.33. The company has a market capitalization of £563.16 million, a PE ratio of 23.10 and a beta of 0.89. The firm’s fifty day simple moving average is GBX 108 and its 200-day simple moving average is GBX 113.46.
About Urban Logistics REIT
The Company invests in UK-based logistics properties with the objective of generating attractive dividends and capital returns for its shareholders. Its investment strategy focuses on strategically located smaller single let logistics properties servicing high-quality tenants.
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