Globalworth Real Estate Investments (LON:GWI) Shares Cross Below 200-Day Moving Average – Here’s Why

Shares of Globalworth Real Estate Investments (LON:GWI) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2.60 ($0.03) and traded as low as GBX 2.52 ($0.03). Globalworth Real Estate Investments shares last traded at GBX 2.52 ($0.03), with a volume of 1,562 shares.

Globalworth Real Estate Investments Trading Down 2.7 %

The business’s fifty day moving average price is GBX 2.63 and its 200 day moving average price is GBX 2.60. The company has a market capitalization of £702.26 million, a P/E ratio of -6.94 and a beta of 0.67.

Globalworth Real Estate Investments Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 25th. Shareholders of record on Thursday, March 20th will be paid a dividend of €0.09 ($0.10) per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 3.45%. Globalworth Real Estate Investments’s dividend payout ratio is -5,782.29%.

Globalworth Real Estate Investments Company Profile

Globalworth Real Estate Investment Ltd is a real estate investment firm specializing distressed investments in the commercial real estate market. It focuses on Romania, and also across South Eastern Europe and Central and Eastern Europe. Globalworth Real Estate Investment Ltd is based in St Peter Port, Channel Islands.