Custodian Property Income REIT (LON:CREI) Shares Down 1.4% – Here’s Why

Custodian Property Income REIT (LON:CREI) shares fell 1.4% during mid-day trading on Monday . The company traded as low as GBX 87.30 and last traded at GBX 87.30. 483,268 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 472,577 shares. The stock had previously closed at GBX 88.50.

Custodian Property Income REIT Trading Down 1.4%

The company has a market capitalization of £400.93 million, a P/E ratio of 7.66 and a beta of 0.71. The company has a 50 day moving average price of GBX 86.13 and a 200 day moving average price of GBX 81.82.

Custodian Property Income REIT (LON:CREI) last announced its quarterly earnings results on Friday, January 16th. The company reported GBX 3.10 earnings per share (EPS) for the quarter. Custodian Property Income REIT had a return on equity of 11.57% and a net margin of 103.97%. As a group, sell-side analysts forecast that Custodian Property Income REIT will post 6.199262 EPS for the current fiscal year.

About Custodian Property Income REIT

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.