Ground Rents Income Fund PLC (LON:GRIO – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 35 ($0.44) and last traded at GBX 34.65 ($0.44), with a volume of 75700 shares traded. The stock had previously closed at GBX 34.50 ($0.44).
Ground Rents Income Fund Stock Performance
The firm has a 50-day moving average price of GBX 28.10 and a 200-day moving average price of GBX 25.77. The stock has a market cap of £32.20 million, a PE ratio of -1.34 and a beta of 0.38.
Ground Rents Income Fund (LON:GRIO – Get Free Report) last posted its quarterly earnings results on Thursday, January 16th. The company reported GBX (31.10) (($0.39)) earnings per share (EPS) for the quarter. Ground Rents Income Fund had a negative return on equity of 39.19% and a negative net margin of 413.74%.
Ground Rents Income Fund Company Profile
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.
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