Balanced Commercial Property Trust (LON:BCPT) Sets New 12-Month High – Should You Buy?

Balanced Commercial Property Trust Ltd (LON:BCPT)’s share price hit a new 52-week high 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 Up 0.1 %

The company has a market cap of £667.81 million, a price-to-earnings ratio of -1,358.57 and a beta of 0.91. The stock has a 50-day simple moving average of GBX 90.32 and a 200-day simple moving average of GBX 83.28. The company has a current ratio of 0.48, a quick ratio of 5.66 and a debt-to-equity ratio of 35.24.

Balanced Commercial Property Trust Announces Dividend

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

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.