Triple Point Social Housing REIT (LON:SOHO) Hits New 12-Month Low – Here’s Why

Shares of Triple Point Social Housing REIT plc (LON:SOHO) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 44.20 ($0.58) and last traded at GBX 65.50 ($0.86), with a volume of 615738 shares trading hands. The stock had previously closed at GBX 65.50 ($0.86).

Triple Point Social Housing REIT Stock Up 0.5 %

The stock has a 50-day moving average of GBX 63.15 and a 200-day moving average of GBX 60.48. The company has a debt-to-equity ratio of 58.68, a current ratio of 12.24 and a quick ratio of 10.82. The firm has a market cap of £253.79 million, a price-to-earnings ratio of 716.67 and a beta of 0.30.

Triple Point Social Housing REIT Announces Dividend

The business also recently declared a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, September 19th were given a GBX 1.37 ($0.02) dividend. This represents a dividend yield of 2.09%. The ex-dividend date of this dividend was Thursday, September 19th. Triple Point Social Housing REIT’s payout ratio is currently 5,555.56%.

Triple Point Social Housing REIT Company Profile

Triple Point Social Housing REIT plc (the "Company") is a Real Estate Investment Trust ("REIT") incorporated in England and Wales under the Companies Act 2006 as a public company limited by shares on 12 June 2017. The address of the registered office is 1 King William Street, United Kingdom, EC4N 7AF.