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Home Reit (LON:HOME) Stock Price Up 8.3% - Should You Buy?

Home Reit logo with Retail/Wholesale background

Key Points

  • Home Reit Plc shares rose by 8.3% during trading, reaching GBX 13 ($0.17), despite a decrease in trading volume compared to the average.
  • The company has a market capitalization of £102.77 million and a price-to-earnings ratio of 118.18, indicating its valuation compared to earnings.
  • Home Reit focuses on providing inflation-protected income by funding projects for homeless accommodation, serving customers across the United Kingdom.
  • Want stock alerts on Home Reit? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Home Reit Plc (LON:HOME - Get Free Report) rose 8.3% on Friday . The company traded as high as GBX 13 ($0.18) and last traded at GBX 13 ($0.18). Approximately 3,931,302 shares were traded during mid-day trading, a decline of 9% from the average daily volume of 4,338,836 shares. The stock had previously closed at GBX 12 ($0.16).

Home Reit Stock Performance

The company has a market cap of £102.77 million, a P/E ratio of 118.18 and a beta of 0.15. The firm has a 50-day moving average price of GBX 30.44. The company has a quick ratio of 6.30, a current ratio of 45.92 and a debt-to-equity ratio of 39.39.

About Home Reit

(Get Free Report)

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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