Urban Logistics REIT’s (SHED) “Buy” Rating Reaffirmed at Shore Capital

Urban Logistics REIT (LON:SHED)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a report released on Thursday, Digital Look reports.

Urban Logistics REIT Trading Up 0.3 %

SHED stock traded up GBX 0.28 ($0.00) during midday trading on Thursday, reaching GBX 111.28 ($1.45). The company’s stock had a trading volume of 905,378 shares, compared to its average volume of 1,260,622. The business’s 50-day simple moving average is GBX 121.90 and its 200-day simple moving average is GBX 120.92. The company has a quick ratio of 2.30, a current ratio of 1.67 and a debt-to-equity ratio of 47.33. Urban Logistics REIT has a 52 week low of GBX 105 ($1.37) and a 52 week high of GBX 131 ($1.71). The stock has a market cap of £525.22 million, a PE ratio of 2,225.62 and a beta of 0.89.

Insider Transactions at Urban Logistics REIT

In other Urban Logistics REIT news, insider Bruce Anderson acquired 23,000 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The shares were acquired at an average price of GBX 119 ($1.55) per share, with a total value of £27,370 ($35,628.74). Insiders own 4.85% of the company’s stock.

Urban Logistics REIT Company Profile

Urban Logistics REIT plc (the "Company") and its subsidiaries (the "Group") carry on the business of property lettings throughout the United Kingdom. The Company is a public limited company incorporated and domiciled in England and Wales and listed on the Main Market of the London Stock Exchange.