Shore Capital reiterated their buy rating on shares of Urban Logistics REIT (LON:SHED – Free Report) in a research report released on Friday,London Stock Exchange reports.
Urban Logistics REIT Price Performance
Shares of SHED opened at GBX 121.33 ($1.57) on Friday. The company has a quick ratio of 2.30, a current ratio of 1.85 and a debt-to-equity ratio of 47.33. The stock has a market cap of £563.16 million, a PE ratio of 23.10 and a beta of 0.89. Urban Logistics REIT has a 12-month low of GBX 97.60 ($1.26) and a 12-month high of GBX 128.60 ($1.66). The business has a 50-day simple moving average of GBX 108.38 and a two-hundred day simple moving average of GBX 113.45.
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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