Warehouse REIT plc (LON:WHR – Get Rating)’s share price rose 1.9% during trading on Friday . The stock traded as high as GBX 107.80 ($1.32) and last traded at GBX 107.40 ($1.31). Approximately 769,092 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 1,042,693 shares. The stock had previously closed at GBX 105.40 ($1.29).
Wall Street Analysts Forecast Growth
WHR has been the topic of a number of research analyst reports. Royal Bank of Canada reiterated an “underperform” rating and set a GBX 115 ($1.40) price target on shares of Warehouse REIT in a report on Friday, November 18th. Shore Capital reiterated a “buy” rating on shares of Warehouse REIT in a report on Monday, November 7th.
Warehouse REIT Price Performance
The company has a quick ratio of 0.71, a current ratio of 0.87 and a debt-to-equity ratio of 52.96. The stock’s 50 day moving average price is GBX 109.39 and its two-hundred day moving average price is GBX 128.09. The firm has a market capitalization of £456.30 million and a price-to-earnings ratio of 767.14.
Warehouse REIT Dividend Announcement
Warehouse REIT Company Profile
Warehouse REIT plc owns and manages a diversified portfolio of warehouse real estate assets in UK urban areas. This is a compelling market. The structural rise in e-commerce and investment in 'last-mile' delivery contribute to high tenant demand, while limited vacant space and our active asset management lead to growing rents.
- MarketBeat Week in Review – 1/16 – 1/20
- Does Old Dominion Show That Trucking Is Hitting The Brakes?
- Nordstrom Puts Fear Of Markdowns Into Retail Sector
- Exxon Mobil Stock: Within Striking Distance Of Buy Point
- High-Dividend-Yielding BHP Sees China Driving ’23 Growth
Receive News & Ratings for Warehouse REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Warehouse REIT and related companies with MarketBeat.com's FREE daily email newsletter.