Life Science REIT (LON:LABS) Trading Up 19.2% – Here’s Why

Life Science REIT plc (LON:LABSGet Free Report)’s share price rose 19.2% during mid-day trading on Wednesday . The stock traded as high as GBX 42.50 and last traded at GBX 42.20. Approximately 9,895,717 shares traded hands during trading, an increase of 442% from the average daily volume of 1,825,858 shares. The stock had previously closed at GBX 35.40.

Life Science REIT Trading Down 4.0%

The stock’s fifty day moving average price is GBX 38.44 and its 200 day moving average price is GBX 38.61. The stock has a market cap of £143.85 million, a P/E ratio of -4.67 and a beta of 0.08.

Life Science REIT Company Profile

(Get Free Report)

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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