UK Commercial Property REIT (LON:UKCM) Share Price Crosses Above 200-Day Moving Average of $52.55

UK Commercial Property REIT Limited (LON:UKCM) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 52.55 ($0.66) and traded as high as GBX 54.20 ($0.68). UK Commercial Property REIT shares last traded at GBX 54 ($0.68), with a volume of 658,880 shares trading hands.

UK Commercial Property REIT Trading Up 0.4 %

The company has a market cap of £702 million, a price-to-earnings ratio of -317.65 and a beta of 0.29. The firm has a 50-day moving average price of GBX 51.94 and a 200 day moving average price of GBX 52.55. The company has a current ratio of 3.22, a quick ratio of 2.58 and a debt-to-equity ratio of 18.16.

UK Commercial Property REIT Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, August 31st. Stockholders of record on Thursday, August 17th were paid a GBX 0.85 ($0.01) dividend. This represents a dividend yield of 1.63%. The ex-dividend date was Thursday, August 17th. UK Commercial Property REIT’s dividend payout ratio is presently -1,764.71%.

About UK Commercial Property REIT

UK Commercial Property REIT (UKCPT) was launched in September 2006, registered as a Guernsey investment company and has a full listing on the London Stock Exchange (FTSE 250). The initial offering raised £530m and the proceeds were used to acquire a portfolio of properties from closed life funds held by Phoenix Group Holdings.