Ground Rents Income Fund PLC (LON:GRIO – Get Free Report)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 26.74 ($0.36) and traded as low as GBX 25.73 ($0.34). Ground Rents Income Fund shares last traded at GBX 25.73 ($0.34), with a volume of 7,432 shares.
Ground Rents Income Fund Price Performance
The company has a market cap of £24.61 million, a price-to-earnings ratio of -155.91 and a beta of 0.38. The business has a 50 day simple moving average of GBX 26.74 and a 200 day simple moving average of GBX 27.42.
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.
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