Custodian Property Income REIT (LON:CREI) Stock Price Down 2.4% - What's Next?

Key Points

• Shares fell 2.4% to GBX 78.10 on Monday (low GBX 76.90) as volume surged to ~1.73 million shares, a 244% increase versus the average daily volume.
• The stock is trading below its 50‑day (GBX 86.13) and 200‑day (GBX 82.55) moving averages and has a market cap of £377.5M with a P/E of 6.85.
• Custodian Property Income REIT is a UK REIT focused on smaller regional core/core‑plus commercial properties to deliver income and potential capital growth; it reported quarterly EPS of GBX 3.10 and analysts forecast about 6.20 EPS for the year.

Shares of Custodian Property Income REIT (LON:CREI - Get Free Report) dropped 2.4% on Monday . The stock traded as low as GBX 76.90 and last traded at GBX 78.10. Approximately 1,731,675 shares changed hands during trading, an increase of 244% from the average daily volume of 503,900 shares. The stock had previously closed at GBX 80.

Custodian Property Income REIT Price Performance

The stock's 50-day moving average price is GBX 86.13 and its 200-day moving average price is GBX 82.55. The company has a market cap of £377.51 million, a P/E ratio of 6.85 and a beta of 0.71.

Custodian Property Income REIT (LON:CREI - Get Free Report) last released its quarterly earnings results on Friday, January 16th. The company reported GBX 3.10 EPS for the quarter. Custodian Property Income REIT had a net margin of 103.97% and a return on equity of 11.57%. As a group, analysts expect that Custodian Property Income REIT will post 6.199262 EPS for the current fiscal year.

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. The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By principally targeting smaller, regional, core/core-plus properties, the Company seeks to provide investors with an attractive level of income with the potential for capital growth.

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