Home Reit (LON:HOME) Stock Price Down 17.5% – Time to Sell?

Home Reit Plc (LON:HOME)’s stock price was down 17.5% during trading on Thursday . The stock traded as low as GBX 8.50 and last traded at GBX 8.50. Approximately 20,313,717 shares were traded during trading, an increase of 76% from the average daily volume of 11,557,571 shares. The stock had previously closed at GBX 10.30.

Home Reit Price Performance

The company’s 50 day moving average is GBX 13 and its 200 day moving average is GBX 13. The company has a current ratio of 45.92, a quick ratio of 6.30 and a debt-to-equity ratio of 39.39. The stock has a market capitalization of £74.31 million, a price-to-earnings ratio of -2.43 and a beta of 0.15.

Home Reit (LON:HOME) last announced its quarterly earnings results on Monday, March 30th. The retailer reported GBX (2) EPS for the quarter. The company had revenue of GBX 1,166 million for the quarter.

About Home Reit

Home REIT plc operates as a real estate investment trust. The Company focuses on delivering inflation-protected income and capital growth over the medium term for shareholders through funding the acquisition and creation of homeless accommodation. Home REIT serves customers in the United Kingdom.