Balanced Commercial Property Trust (LON:BCPT) Reaches New 52-Week High at $96.10

Balanced Commercial Property Trust Ltd (LON:BCPT)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 96.10 ($1.29) and last traded at GBX 95.30 ($1.27), with a volume of 3450596 shares changing hands. The stock had previously closed at GBX 95.20 ($1.27).

Balanced Commercial Property Trust Stock Performance

The stock has a 50-day moving average of GBX 89.86 and a 200 day moving average of GBX 83.05. The stock has a market cap of £668.58 million, a PE ratio of -1,361.43 and a beta of 0.91. The company has a quick ratio of 5.66, a current ratio of 0.48 and a debt-to-equity ratio of 35.24.

Balanced Commercial Property Trust Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were paid a GBX 0.44 ($0.01) dividend. This represents a dividend yield of 0.51%. The ex-dividend date was Thursday, August 15th. Balanced Commercial Property Trust’s dividend payout ratio (DPR) is presently -7,142.86%.

Balanced Commercial Property Trust Company Profile

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.