LXI REIT (LON:LXI) Sets New 1-Year Low at $100.40

LXI REIT plc (LON:LXIGet Rating) reached a new 52-week low on Tuesday . The company traded as low as GBX 100.40 ($1.22) and last traded at GBX 100.80 ($1.23), with a volume of 8132913 shares changing hands. The stock had previously closed at GBX 103 ($1.26).

Wall Street Analyst Weigh In

Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 130 ($1.58) price target on shares of LXI REIT in a research report on Thursday, February 9th.

LXI REIT Stock Up 0.8 %

The company has a quick ratio of 0.42, a current ratio of 0.44 and a debt-to-equity ratio of 61.72. The firm has a market cap of £1.74 billion, a P/E ratio of 1,120.00 and a beta of 0.37. The stock’s 50-day simple moving average is GBX 114.37 and its 200 day simple moving average is GBX 121.90.

LXI REIT Announces Dividend

The company also recently declared a dividend, which was paid on Friday, March 10th. Shareholders of record on Thursday, February 16th were given a dividend of GBX 1.58 ($0.02) per share. The ex-dividend date of this dividend was Thursday, February 16th. This represents a yield of 1.38%. LXI REIT’s dividend payout ratio (DPR) is currently 6,666.67%.

LXI REIT Company Profile

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The Company, a real estate investment trust ("REIT") incorporated in England and Wales, is listed on the premium listing segment of the Official List of the UK Listing Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in February 2017.

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