Drum Income Plus REIT (LON:DRIP) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Drum Income Plus REIT (LON:DRIPGet Free Report)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 50 ($0.63) and traded as high as GBX 50 ($0.63). Drum Income Plus REIT shares last traded at GBX 50 ($0.63), with a volume of 8,293,746 shares traded.

Drum Income Plus REIT Stock Performance

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

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.

Recommended Stories

Receive News & Ratings for Drum Income Plus REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drum Income Plus REIT and related companies with MarketBeat.com's FREE daily email newsletter.