Triple Point Social Housing REIT (LON:SOHO) Hits New 1-Year Low at $46.30

Shares of Triple Point Social Housing REIT plc (LON:SOHOGet Rating) reached a new 52-week low on Friday . The company traded as low as GBX 46.30 ($0.56) and last traded at GBX 48.01 ($0.58), with a volume of 3064851 shares changing hands. The stock had previously closed at GBX 47.90 ($0.58).

Triple Point Social Housing REIT Stock Performance

The business’s fifty day moving average is GBX 54.14 and its two-hundred day moving average is GBX 65.18. The company has a quick ratio of 10.82, a current ratio of 11.03 and a debt-to-equity ratio of 59.44. The stock has a market capitalization of £187.50 million, a PE ratio of 423.18 and a beta of 0.27.

Triple Point Social Housing REIT Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, March 31st. Investors of record on Thursday, March 16th will be given a GBX 1.37 ($0.02) dividend. The ex-dividend date is Thursday, March 16th. This represents a yield of 2.69%. Triple Point Social Housing REIT’s dividend payout ratio is presently 4,545.45%.

Insider Buying and Selling

In other Triple Point Social Housing REIT news, insider Peter Coward bought 813 shares of the firm’s stock in a transaction dated Wednesday, January 11th. The stock was acquired at an average cost of GBX 60 ($0.72) per share, for a total transaction of £487.80 ($586.58). 0.77% of the stock is owned by corporate insiders.

About Triple Point Social Housing REIT

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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, London, United Kingdom, EC4N 7AF.

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