Ground Rents Income Fund PLC (LON:GRIO – Get Free Report)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 26.45 ($0.35) and traded as high as GBX 27.40 ($0.37). Ground Rents Income Fund shares last traded at GBX 26.20 ($0.35), with a volume of 178,922 shares.
Ground Rents Income Fund Trading Down 3.3%
The company’s 50 day moving average is GBX 26.45 and its 200-day moving average is GBX 27.34. The stock has a market cap of £25.07 million, a PE ratio of -1.59 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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