Sirius Real Estate (LON:SRE) Shares Pass Above Fifty Day Moving Average of $90.78

Sirius Real Estate Limited (LON:SRE) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 90.78 ($1.13) and traded as high as GBX 93.75 ($1.17). Sirius Real Estate shares last traded at GBX 93.35 ($1.16), with a volume of 1,073,982 shares.

Sirius Real Estate Stock Performance

The firm has a market capitalization of £1.25 billion, a P/E ratio of 3,111.67 and a beta of 1.13. The company has a debt-to-equity ratio of 81.70, a current ratio of 0.45 and a quick ratio of 1.49. The stock’s 50 day moving average is GBX 90.78 and its two-hundred day moving average is GBX 88.53.

Insiders Place Their Bets

In other news, insider Andrew Coombs acquired 23,252 shares of Sirius Real Estate stock in a transaction on Monday, February 12th. The shares were purchased at an average cost of GBX 85 ($1.06) per share, for a total transaction of £19,764.20 ($24,603.76). Corporate insiders own 2.35% of the company’s stock.

About Sirius Real Estate

Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company’s core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company’s own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.