Custodian Property Income REIT (LON:CREI) Shares Down 1.3% - Time to Sell?

Key Points

• Custodian Property Income REIT shares decreased by 1.3% to GBX 77.20 ($1.03), with trading volume falling 81% below the average daily volume.
• The company has a market capitalization of £356.33 million and a notably high price-to-earnings ratio of 887.36.
• Custodian Property Income REIT is a UK real estate investment trust that focuses on properties leased to institutional grade tenants on long-term leases across the UK.

Custodian Property Income REIT (LON:CREI - ) shares were down 1.3% during trading on Wednesday . The company traded as low as GBX 77 ($1.03) and last traded at GBX 77.20 ($1.03). Approximately 169,221 shares were traded during trading, a decline of 81% from the average daily volume of 891,243 shares. The stock had previously closed at GBX 78.20 ($1.05).

Custodian Property Income REIT Stock Down 1.3%

The company has a market capitalization of £356.33 million, a price-to-earnings ratio of 887.36 and a beta of 0.28. The business has a fifty day simple moving average of GBX 78.50 and a two-hundred day simple moving average of GBX 78.45. The company has a quick ratio of 0.57, a current ratio of 3.42 and a debt-to-equity ratio of 43.05.

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.

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