Ground Rents Income Fund PLC (LON:GRIO – Get Free Report) shares were up 0.6% during mid-day trading on Thursday. The stock traded as high as GBX 16.60 and last traded at GBX 16.60. Approximately 9,020 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 92,176 shares. The stock had previously closed at GBX 16.50.
Ground Rents Income Fund Trading Up 0.6%
The firm has a market capitalization of £15.88 million, a price-to-earnings ratio of -0.80 and a beta of 0.75. The company has a 50-day moving average of GBX 16.65 and a 200-day moving average of GBX 17.07.
Ground Rents Income Fund Company Profile
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.
Further Reading
- Five stocks we like better than Ground Rents Income Fund
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
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.
