Warehouse REIT (LON:WHR) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reiterated their buy rating on shares of Warehouse REIT (LON:WHR) in a research note published on Tuesday, June 25th, ThisIsMoney.Co.Uk reports.

Shares of WHR stock traded up GBX 2.50 ($0.03) during trading hours on Tuesday, reaching GBX 103.50 ($1.35). 630,996 shares of the company traded hands, compared to its average volume of 133,427. Warehouse REIT has a 12-month low of GBX 1.08 ($0.01) and a 12-month high of GBX 106.50 ($1.39). The company has a debt-to-equity ratio of 63.77, a quick ratio of 1.12 and a current ratio of 1.13. The stock has a market cap of $248.66 million and a P/E ratio of 13.62. The stock’s 50-day moving average price is GBX 103.14.

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, May 30th were given a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date was Thursday, May 30th. This represents a dividend yield of 1.44%. Warehouse REIT’s payout ratio is currently 0.79%.

About Warehouse REIT

Warehouse REIT plc is a real estate investment trust. The firm invests in the real estate markets of United Kingdom. It makes investments in UK urban warehouses. Warehouse REIT Plc was founded in July 24, 2017 and is based in Chester, United Kingdom with an additional office in London, United Kingdom.

See Also: What is required to own or exchange cryptocurrency?

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