Gresham House plc (LON:GHE) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $572.28 and traded as high as $610.00. Gresham House shares last traded at $612.50, with a volume of 12,789 shares.
Several equities research analysts recently weighed in on GHE shares. Jefferies Financial Group lifted their price objective on Gresham House from GBX 640 ($8.36) to GBX 700 ($9.15) and gave the stock a “buy” rating in a report on Thursday, March 7th. Canaccord Genuity reissued a “buy” rating and issued a GBX 725 ($9.47) price objective on shares of Gresham House in a report on Thursday, March 7th.
The firm has a market capitalization of $162.78 million and a price-to-earnings ratio of -157.05. The company has a debt-to-equity ratio of 12.34, a current ratio of 3.36 and a quick ratio of 3.36.
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Gresham House Company Profile (LON:GHE)
Gresham House plc, an investment trust, engages in property rental and development in the United Kingdom. It also invests in listed securities. The company is based in London, the United Kingdom.
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