Ground Rents Income Fund PLC (LON:GRIO – Get Free Report) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 16.99 and traded as low as GBX 16.20. Ground Rents Income Fund shares last traded at GBX 16.20, with a volume of 6,144 shares changing hands.
Ground Rents Income Fund Price Performance
The company has a market capitalization of £16.23 million, a PE ratio of -0.82 and a beta of 0.75. The stock’s 50 day simple moving average is GBX 16.89 and its 200-day simple moving average is GBX 17.12.
About Ground Rents Income Fund
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. The Company will give investors the opportunity to invest, through the Company, in a portfolio of ground rents. The Company will seek to acquire a portfolio of assets with the potential for income generation from the collection of ground rents.
Read More
- Five stocks we like better than Ground Rents Income Fund
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Ground Rents Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ground Rents Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
