Life Science REIT (LON:LABS) Stock Price Up 21.2% – Here’s Why

Shares of Life Science REIT plc (LON:LABSGet Free Report) traded up 21.2% during mid-day trading on Wednesday . The company traded as high as GBX 43 and last traded at GBX 42.90. 110,620,336 shares were traded during mid-day trading, an increase of 1,452% from the average session volume of 7,127,154 shares. The stock had previously closed at GBX 35.40.

Life Science REIT Stock Up 21.2%

The business has a fifty day moving average of GBX 38.34 and a 200 day moving average of GBX 38.58. The firm has a market cap of £150.15 million, a P/E ratio of -4.88 and a beta of 0.08.

About Life Science REIT

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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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