Balanced Commercial Property Trust (LON:BCPT) Trading 10.3% Higher

Balanced Commercial Property Trust Ltd (LON:BCPT)’s share price shot up 10.3% during mid-day trading on Thursday . The company traded as high as GBX 95.80 ($1.26) and last traded at GBX 95.10 ($1.25). 51,953,301 shares were traded during trading, an increase of 3,192% from the average session volume of 1,578,095 shares. The stock had previously closed at GBX 86.20 ($1.13).

Balanced Commercial Property Trust Stock Down 0.2 %

The company’s 50-day moving average price is GBX 84.91 and its 200 day moving average price is GBX 80.85. The company has a debt-to-equity ratio of 37.65, a quick ratio of 5.66 and a current ratio of 3.43. The stock has a market cap of £665.91 million, a PE ratio of -365.77 and a beta of 0.86.

Balanced Commercial Property Trust Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were issued a dividend of GBX 0.44 ($0.01) per share. The ex-dividend date of this dividend was Thursday, August 15th. This represents a yield of 0.51%. Balanced Commercial Property Trust’s dividend payout ratio is currently -1,923.08%.

About Balanced Commercial Property Trust

The trust is a vehicle for investors who wish to gain exposure to prime UK commercial property. It is a constituent of the FTSE 250 Index and aims to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified UK commercial property portfolio.