Shares of Life Science REIT plc (LON:LABS – Get Free Report) rose 19.2% on Wednesday . The company traded as high as GBX 42.50 and last traded at GBX 42.18. Approximately 13,956,697 shares traded hands during trading, an increase of 584% from the average daily volume of 2,039,594 shares. The stock had previously closed at GBX 35.40.
Life Science REIT Stock Up 19.6%
The stock has a 50 day simple moving average of GBX 38.23 and a 200 day simple moving average of GBX 38.55. The stock has a market cap of £148.18 million, a price-to-earnings ratio of -4.81 and a beta of 0.08.
About Life Science REIT
Life Science REIT plc (the Company) is a closed-ended Real Estate Investment Trust (REIT) incorporated in England and Wales on 27 July 2021. The Company began trading on 19 November 2021 and its shares are admitted to trading on the Premium Listing Segment of the Main Market of the London Stock Exchange. The registered office of the Company is located at 6th Floor, 65 Gresham Street, London, EC2V 7NQ.
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