Home Reit (LON:HOME) Sets New 52-Week High - Time to Buy?

Key Points

• Home Reit Plc shares reached a new 52-week high of GBX 13 ($0.17) with a trading volume of over 3.9 million shares.
• The company has a market capitalization of £102.77 million and a high PE ratio of 118.18.
• Home REIT focuses on inflation-protected income and capital growth by funding the acquisition of homeless accommodation in the UK.

Shares of Home Reit Plc (LON:HOME - ) hit a new 52-week high during trading on Friday . The company traded as high as GBX 13 ($0.17) and last traded at GBX 13 ($0.17), with a volume of 3931302 shares trading hands. The stock had previously closed at GBX 12 ($0.16).

Home Reit Price Performance

The firm has a market cap of £102.77 million, a PE ratio of 118.18 and a beta of 0.15. The stock has a fifty day simple moving average of GBX 31.44. The company has a debt-to-equity ratio of 39.39, a quick ratio of 6.30 and a current ratio of 45.92.

Home Reit Company Profile

Home REIT plc operates as a real estate investment trust. The Company focuses on delivering inflation-protected income and capital growth over the medium term for shareholders through funding the acquisition and creation of homeless accommodation. Home REIT serves customers in the United Kingdom.

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