Ground Rents Income Fund PLC (LON:GRIO – Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 25.80 ($0.32) and traded as high as GBX 34 ($0.43). Ground Rents Income Fund shares last traded at GBX 34 ($0.43), with a volume of 10,000 shares traded.
Ground Rents Income Fund Trading Up 6.7 %
The company has a quick ratio of 1.07, a current ratio of 1.02 and a debt-to-equity ratio of 23.04. The business has a 50-day simple moving average of GBX 25.80 and a 200-day simple moving average of GBX 25.47. The company has a market cap of £33.48 million, a PE ratio of -437.50 and a beta of 0.38.
Ground Rents Income Fund (LON:GRIO – Get Free Report) last released its earnings results on Thursday, January 16th. The company reported GBX (31.10) (($0.39)) earnings per share (EPS) for the quarter. Ground Rents Income Fund had a net margin of 57.80% and a return on equity of 3.68%.
About Ground Rents Income Fund
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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