Life Science REIT plc (LON:LABS – Get Free Report)’s stock price shot up 21.2% on Wednesday . The company traded as high as GBX 43 and last traded at GBX 42.90. 110,620,336 shares traded hands during trading, an increase of 1,452% from the average session volume of 7,127,154 shares. The stock had previously closed at GBX 35.40.
More Life Science REIT News
Here are the key news stories impacting Life Science REIT this week:
- Neutral Sentiment: Market action: LABS is trading up sharply with very heavy volume (110,620,336 shares vs. avg ~7.1M). This volume spike itself often drives big intraday moves as investors react to potential news or block trades. MarketBeat LABS page
- Neutral Sentiment: Key fundamentals & technicals: market cap ~£150.2M, trailing P/E -4.88 (loss-making), beta 0.08; 12?month range GBX 33.20–49; 50-day SMA ~GBX 38.34 and 200-day SMA ~GBX 38.58 — the current move pushes price above both short? and long?term averages, which can attract momentum traders.
- Neutral Sentiment: What’s missing: I don’t have the actual news articles or company announcements that likely triggered the move (e.g., asset sale, portfolio valuation change, funding/recapitalisation, takeover approach, analyst note, or corporate announcement). Please paste the article links or text and I’ll summarize investor-relevant points and the likely impact on LABS’ share price.
Life Science REIT Trading Up 0.3%
The company’s 50-day moving average is GBX 38.34 and its two-hundred day moving average is GBX 38.58. The stock has a market capitalization of £149.19 million, a P/E ratio of -4.84 and a beta of 0.08.
Life Science REIT Company Profile
Life Science REIT plc (the Company) is a closed-ended Real Estate Investment Trust (REIT) incorporated in England and Wales on 27 July 2021. The Company began trading on 19 November 2021 and its shares are admitted to trading on the Premium Listing Segment of the Main Market of the London Stock Exchange. The registered office of the Company is located at 6th Floor, 65 Gresham Street, London, EC2V 7NQ.
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