Home Reit (LON:HOME) Trading Down 7.1% – Here’s What Happened
by Doug Wharley · The Cerbat GemHome Reit Plc (LON:HOME – Get Free Report)’s share price traded down 7.1% during mid-day trading on Wednesday . The company traded as low as GBX 9.20 and last traded at GBX 9.20. 26,367,275 shares were traded during mid-day trading, an increase of 13% from the average session volume of 23,409,016 shares. The stock had previously closed at GBX 9.90.
Home Reit Stock Performance
The company has a debt-to-equity ratio of 39.39, a current ratio of 45.92 and a quick ratio of 6.30. The stock has a 50-day simple moving average of GBX 12.33 and a 200-day simple moving average of GBX 12.76. The stock has a market cap of £79.85 million, a P/E ratio of -2.61 and a beta of 0.15.
Home Reit (LON:HOME – Get Free Report) last released its earnings results on Monday, March 30th. The retailer reported GBX (2) earnings per share (EPS) for the quarter. The business had revenue of GBX 1,166 million during the quarter.
Home Reit Company Profile
Home REIT plc operates as a real estate investment trust. The Company focuses on delivering inflation-protected income and capital growth over the medium term for shareholders through funding the acquisition and creation of homeless accommodation. Home REIT serves customers in the United Kingdom.