Shares of Custodian Property Income REIT (LON:CREI – Get Free Report) shot up 1.4% during mid-day trading on Monday. The stock traded as high as GBX 82 and last traded at GBX 80.80. Approximately 301,788 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 675,919 shares. The stock had previously closed at GBX 79.70.
Custodian Property Income REIT Price Performance
The business has a 50-day moving average of GBX 83.12 and a 200 day moving average of GBX 84.77. The company has a market capitalization of £394.96 million, a PE ratio of 7.77 and a beta of 0.73.
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.
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