Ground Rents Income Fund PLC (LON:GRIO – Get Free Report)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 29.98 ($0.38) and traded as high as GBX 31 ($0.40). Ground Rents Income Fund shares last traded at GBX 30.05 ($0.38), with a volume of 650,226 shares.
Ground Rents Income Fund Stock Performance
The firm has a fifty day moving average price of GBX 29.98 and a 200 day moving average price of GBX 25.99. The company has a market cap of £27.92 million, a price-to-earnings ratio of -1.16 and a beta of 0.38.
Ground Rents Income Fund (LON:GRIO – Get Free Report) last issued its earnings results on Thursday, January 16th. The company reported GBX (31.10) (($0.40)) earnings per share (EPS) for the quarter. Ground Rents Income Fund had a negative net margin of 413.74% and a negative return on equity of 39.19%.
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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