Ground Rents Income Fund PLC (LON:GRIO – Get Free Report)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 27.45 ($0.37) and traded as low as GBX 27.40 ($0.36). Ground Rents Income Fund shares last traded at GBX 27.40 ($0.36), with a volume of 80,931 shares traded.
Ground Rents Income Fund Stock Performance
The stock has a 50-day moving average of GBX 27.45 and a two-hundred day moving average of GBX 26.76. The company has a market cap of £25.46 million, a P/E ratio of -1.06 and a beta of 0.38.
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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