Shares of Ground Rents Income Fund PLC (LON:GRIO – Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 27.15 ($0.37) and traded as low as GBX 26.13 ($0.35). Ground Rents Income Fund shares last traded at GBX 26.13 ($0.35), with a volume of 55,000 shares traded.
Ground Rents Income Fund Price Performance
The stock has a market capitalization of £24.54 million, a price-to-earnings ratio of -155.45 and a beta of 0.38. The firm’s fifty day moving average is GBX 27.15 and its 200-day moving average is GBX 27.52.
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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