Life Science REIT (LON:LABS) Stock Price Up 0.6% – Still a Buy?

Life Science REIT plc (LON:LABSGet Free Report) was up 0.6% on Thursday . The stock traded as high as GBX 35 ($0.44) and last traded at GBX 34.80 ($0.44). Approximately 784,345 shares traded hands during trading, an increase of 13% from the average daily volume of 693,305 shares. The stock had previously closed at GBX 34.60 ($0.44).

Life Science REIT Stock Up 2.6 %

The company has a market cap of £126.75 million, a price-to-earnings ratio of -3.17 and a beta of 0.08. The business has a 50-day simple moving average of GBX 35.79 and a two-hundred day simple moving average of GBX 36.71.

About Life Science REIT

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Life Science REIT plc (the Company) is a closed-ended Real Estate Investment Trust (REIT) incorporated in England and Wales on 27 July 2021. The Company began trading on 19 November 2021 and its shares are admitted to trading on the Premium Listing Segment of the Main Market of the London Stock Exchange.

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