Grit Real Estate Income Group (LON:GR1T) Trading Up 1.1% – Here’s What Happened

Grit Real Estate Income Group Limited (LON:GR1T) rose 1.1% on Monday . The stock traded as high as GBX 10.62 ($0.13) and last traded at GBX 10.62 ($0.13). Approximately 98,000 shares traded hands during trading, a decline of 80% from the average daily volume of 500,782 shares. The stock had previously closed at GBX 10.50 ($0.13).

Grit Real Estate Income Group Stock Performance

The company has a quick ratio of 0.24, a current ratio of 0.28 and a debt-to-equity ratio of 152.89. The firm has a market cap of £48.25 million, a P/E ratio of -146.43 and a beta of 0.20. The business has a fifty day simple moving average of GBX 10.51 and a 200-day simple moving average of GBX 12.56.

Grit Real Estate Income Group Company Profile

Grit is a leading, London-listed pan-African impact real estate investor and solutions provider. We invest in and actively manage a diverse portfolio of assets underpinned by mainly US dollar and Euro denominated long-term lease with high-quality multi-national tenants.

We leverage our deep African real estate insights and in-country expertise to offer unique real estate solutions in property development, asset and property management as well as selected co-investment opportunities for qualifying counterparties.

Through our family of partnerships, we find opportunities to drive positive social and environmental change that transcend buildings to the benefit all current stakeholders and generations to come.