Tritax Big Box REIT (LON:BBOX) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Tritax Big Box REIT plc (LON:BBOX)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 147.19 ($1.86) and traded as low as GBX 145.80 ($1.84). Tritax Big Box REIT shares last traded at GBX 146.40 ($1.85), with a volume of 3,944,199 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a research note on Tuesday, January 21st. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 191.75 ($2.42).

Tritax Big Box REIT Price Performance

The company has a 50 day simple moving average of GBX 138.56 and a 200 day simple moving average of GBX 147.19. The company has a market capitalization of £3.63 billion, a price-to-earnings ratio of 19.14, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. The company has a quick ratio of 0.42, a current ratio of 0.54 and a debt-to-equity ratio of 43.99.

Tritax Big Box REIT Company Profile

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development.