Warehouse REIT (LON:WHR) Hits New 1-Year High – What’s Next?

Warehouse REIT (LON:WHR) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 108.40 ($1.40) and last traded at GBX 104.60 ($1.35), with a volume of 59318047 shares traded. The stock had previously closed at GBX 102.40 ($1.32).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of Warehouse REIT in a research report on Tuesday, February 11th.

Warehouse REIT Trading Up 2.1 %

The stock has a 50-day moving average of GBX 87.26 and a two-hundred day moving average of GBX 85.27. The firm has a market cap of £443.10 million, a price-to-earnings ratio of 1.01, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91.

About Warehouse REIT

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.