Shares of Grit Real Estate Income Group Limited (LON:GR1T – Get Free Report) reached a new 52-week low on Friday . The company traded as low as GBX 12 ($0.16) and last traded at GBX 12 ($0.16), with a volume of 857340 shares changing hands. The stock had previously closed at GBX 13.25 ($0.18).
Grit Real Estate Income Group Stock Performance
The business’s fifty day moving average is GBX 15.17 and its two-hundred day moving average is GBX 18.08. The company has a quick ratio of 0.24, a current ratio of 0.28 and a debt-to-equity ratio of 152.89. The stock has a market capitalization of £56.49 million, a PE ratio of -189.29 and a beta of 0.20.
Grit Real Estate Income Group Company Profile
Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors.
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