Shares of Custodian Property Income REIT (LON:CREI) declined by 0.3% on Thursday, trading as low as GBX 77.40 before closing at GBX 78.80. The company experienced a trading volume of approximately 465,652 shares, marking a significant decrease of 45% compared to its average daily volume of 845,862 shares. The stock had previously settled at GBX 79.
Financial Performance and Ratios
Custodian Property Income REIT reported a current ratio of 3.42, indicating a strong ability to cover its short-term liabilities. The quick ratio stood at 0.57, while the debt-to-equity ratio was noted at 43.05. The company has a fifty-day simple moving average of GBX 79.50 and a 200-day moving average of GBX 79.57. With a market capitalization of £358.99 million, it boasts a price-to-earnings (PE) ratio of 8.97 and a beta of 0.28, indicating lower volatility compared to the market.
Company Overview
Custodian Property Income REIT plc is a UK-based real estate investment trust that has been listed on the main market of the London Stock Exchange since March 26, 2014. The trust focuses on a diversified portfolio of properties primarily leased to institutional-grade tenants on long-term leases across the UK. Its assets are notably characterized by smaller, regional, core and core-plus properties.
Investors looking for updates can sign up for daily summaries of news and analysts’ ratings related to Custodian Property Income REIT and similar companies through MarketBeat’s free email newsletter. This service provides concise insights into market movements and company performance, essential for informed investment decisions.
