Custodian Property Income REIT (LON:CREI) Stock Passes Below 50-Day Moving Average – What’s Next?

Custodian Property Income REIT (LON:CREIGet Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 83.72 and traded as low as GBX 82.55. Custodian Property Income REIT shares last traded at GBX 84.20, with a volume of 738,074 shares changing hands.

Custodian Property Income REIT Trading Up 0.1%

The stock has a market cap of £411.99 million, a P/E ratio of 7.39 and a beta of 0.76. The company has a 50-day moving average price of GBX 83.72 and a two-hundred day moving average price of GBX 83.82.

Custodian Property Income REIT Company Profile

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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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