The Local Shopping REIT (LON:LSR) Trading 0.3% Higher

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The Local Shopping REIT plc (LON:LSR) shares traded up 0.3% on Tuesday . The stock traded as high as GBX 30.20 ($0.39) and last traded at GBX 30.20 ($0.39), 30,000 shares traded hands during trading. An increase of 129% from the average session volume of 13,118 shares. The stock had previously closed at GBX 30.10 ($0.39).

The company’s fifty day moving average is GBX 27.98. The company has a market capitalization of $24.68 million and a PE ratio of -3.47.

The Local Shopping REIT Company Profile (LON:LSR)

The Local Shopping REIT plc was founded in January 2005 with the objective of building a portfolio of properties and letting units in the convenience shopping market. LSR was floated on the London Stock Exchange in May 2007. In the latter part of that year the Company adjusted its property purchasing programme in response to the downturn in the UK property market, focusing activities on active asset management.

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