Ground Rents Income Fund PLC (LON:GRIO – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 20.60 and traded as low as GBX 17.38. Ground Rents Income Fund shares last traded at GBX 17.45, with a volume of 82,517 shares traded.
Ground Rents Income Fund Trading Down 0.3%
The stock has a market cap of £16.69 million, a PE ratio of -3.88 and a beta of 0.38. The stock has a 50-day moving average price of GBX 17.03 and a two-hundred day moving average price of GBX 20.60. The company has a debt-to-equity ratio of 15.64, a current ratio of 0.81 and a quick ratio of 1.07.
About Ground Rents Income Fund
The Company has been established to provide secure long-term performance through investment in long dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy. The Company will give investors the opportunity to invest, through the Company, in a portfolio of ground rents. The Company will seek to acquire a portfolio of assets with the potential for income generation from the collection of ground rents.
Recommended Stories
- Five stocks we like better than Ground Rents Income Fund
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Receive News & Ratings for Ground Rents Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ground Rents Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
