Tritax Big Box REIT (LON:BBOX) Stock Price Crosses Below 50 Day Moving Average of $155.82

Shares of Tritax Big Box REIT PLC (LON:BBOX) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $155.82 and traded as low as $152.10. Tritax Big Box REIT shares last traded at $153.10, with a volume of 3,715,986 shares.

Several analysts have recently commented on the company. Barclays increased their target price on Tritax Big Box REIT from GBX 150 ($1.96) to GBX 155 ($2.03) and gave the stock an “equal weight” rating in a report on Tuesday, June 4th. Numis Securities restated a “hold” rating and set a GBX 143 ($1.87) target price (down previously from GBX 153 ($2.00)) on shares of Tritax Big Box REIT in a report on Thursday, May 16th. Royal Bank of Canada restated an “outperform” rating and set a GBX 195 ($2.55) target price on shares of Tritax Big Box REIT in a report on Monday, June 24th. Finally, Liberum Capital restated a “hold” rating on shares of Tritax Big Box REIT in a report on Thursday, May 16th.

The company has a fifty day simple moving average of GBX 155.88.

The firm also recently announced a dividend, which will be paid on Thursday, August 15th. Stockholders of record on Thursday, July 25th will be issued a dividend of GBX 1.71 ($0.02) per share. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, July 25th.

Tritax Big Box REIT Company Profile (LON:BBOX)

Tritax Big Box REIT plc is the only listed vehicle dedicated to investing in very large logistics warehouse assets ("Big Boxes") in the UK and is committed to delivering attractive and sustainable returns for shareholders. Investing in and actively managing existing built investments, land suitable for Big Box development and pre-let forward funded developments, the Company focuses on well-located, modern "Big Box" logistics assets, typically greater than 500,000 sq.

Featured Article: How to track put option volume

Receive News & Ratings for Tritax Big Box REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tritax Big Box REIT and related companies with MarketBeat.com's FREE daily email newsletter.