Home Reit (LON:HOME) Shares Down 7.1% – Here’s What Happened

Shares of Home Reit Plc (LON:HOMEGet Free Report) dropped 7.1% during mid-day trading on Wednesday . The company traded as low as GBX 9.20 and last traded at GBX 9.20. Approximately 26,367,275 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 23,409,016 shares. The stock had previously closed at GBX 9.90.

Home Reit Trading Down 7.1%

The company has a quick ratio of 6.30, a current ratio of 45.92 and a debt-to-equity ratio of 39.39. The firm has a market cap of £72.73 million, a price-to-earnings ratio of -2.38 and a beta of 0.15. The business has a 50 day moving average price of GBX 12.40 and a 200-day moving average price of GBX 12.79.

Home Reit (LON:HOMEGet Free Report) last posted its earnings results on Monday, March 30th. The retailer reported GBX (2) earnings per share (EPS) for the quarter. The firm had revenue of GBX 1,166 million during the quarter.

About Home Reit

(Get Free Report)

Home REIT plc operates as a real estate investment trust. The Company focuses on delivering inflation-protected income and capital growth over the medium term for shareholders through funding the acquisition and creation of homeless accommodation. Home REIT serves customers in the United Kingdom.

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