Custodian Property Income REIT (LON:CREI) Stock Price Down 3.6% – What’s Next?

Custodian Property Income REIT (LON:CREI) shares dropped 3.6% during trading on Friday . The stock traded as low as GBX 82.20 and last traded at GBX 83.40. Approximately 645,669 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 808,381 shares. The stock had previously closed at GBX 86.50.

Custodian Property Income REIT Price Performance

The stock has a 50 day moving average of GBX 81.37 and a two-hundred day moving average of GBX 80.01. The stock has a market cap of £383.60 million, a PE ratio of 9.59 and a beta of 0.28. The company has a debt-to-equity ratio of 43.05, a quick ratio of 0.57 and a current ratio of 3.42.

About Custodian Property Income REIT

Custodian Property Income REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is principally characterised by smaller, regional, core/core-plus properties. The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By principally targeting smaller, regional, core/core-plus properties, the Company seeks to provide investors with an attractive level of income with the potential for capital growth.