Custodian Property Income REIT (LON:CREI) Trading Down 0.9% – Time to Sell?

Shares of Custodian Property Income REIT (LON:CREI) fell 0.9% during trading on Monday . The company traded as low as GBX 86.90 and last traded at GBX 88.81. 225,953 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 661,836 shares. The stock had previously closed at GBX 89.60.

Custodian Property Income REIT Price Performance

The firm has a market cap of £434.33 million, a P/E ratio of 8.54 and a beta of 0.72. The company’s 50-day moving average is GBX 86.60 and its two-hundred day moving average is GBX 85.72.

Custodian Property Income REIT (LON:CREI) last released its earnings results on Thursday, June 11th. The company reported GBX 6.30 EPS for the quarter. Custodian Property Income REIT had a net margin of 92.26% and a return on equity of 10.24%. The firm had revenue of GBX 5,235 million for the quarter. On average, analysts expect that Custodian Property Income REIT will post 6.199262 EPS for the current fiscal year.

Custodian Property Income REIT Company Profile

Custodian Property Income REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is principally characterised by smaller, regional, core/core-plus properties. The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By principally targeting smaller, regional, core/core-plus properties, the Company seeks to provide investors with an attractive level of income with the potential for capital growth.