Tritax Big Box REIT (OTCMKTS:TTBXF) Stock Rating Upgraded by Zacks Research

Tritax Big Box REIT (OTCMKTS:TTBXF) was upgraded by analysts at Zacks Research to a “hold” rating in a report issued on Thursday,Zacks.com reports.

Tritax Big Box REIT Trading Down 13.7%

Shares of OTCMKTS:TTBXF traded down $0.28 during trading on Thursday, reaching $1.76. The company had a trading volume of 1,000 shares, compared to its average volume of 2,478. The stock’s fifty day moving average price is $2.11 and its 200 day moving average price is $1.99. Tritax Big Box REIT has a fifty-two week low of $1.70 and a fifty-two week high of $2.37.

About Tritax Big Box REIT

Tritax Big Box REIT (OTCMKTS: TTBXF) is a real estate investment trust specializing in large-scale logistics and distribution properties across the United Kingdom. The company focuses on acquiring, managing and leasing modern “big box” warehouses that serve as critical nodes in e-commerce, retail and third-party logistics networks. Its assets are designed to offer high quality, sustainable space with efficient floor plans, abundant parking and strong transport links.

The REIT’s portfolio is externally managed by Tritax Management LLP, a specialist real estate investment manager with experience in the logistics sector.