Drum Income Plus REIT (LON:DRIP) Stock Price Crosses Above 50-Day Moving Average of $50.00

Shares of Drum Income Plus REIT (LON:DRIPGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 50 ($0.67) and traded as high as GBX 50 ($0.67). Drum Income Plus REIT shares last traded at GBX 50 ($0.67), with a volume of 8,293,746 shares trading hands.

Drum Income Plus REIT Price Performance

The stock has a market capitalization of £19.10 million and a PE ratio of -5.26. The firm has a 50 day moving average price of GBX 50 and a 200 day moving average price of GBX 50. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 86.00.

Drum Income Plus REIT Company Profile

(Get Free Report)

Drum Income Plus REIT plc is a real estate investment trust. The Company’s portfolio comprises nine properties let to institutional grade tenants on long leases throughout the United Kingdom and is characterized by smaller lot sizes. The Company invests principally in three commercial property sectors: office, retail (including retail warehouses) and industrial.

Further Reading

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