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Life Science REIT (LON:LABS) Hits New 52-Week High - Still a Buy?

Life Science REIT logo with Real Estate background

Life Science REIT plc (LON:LABS - Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as GBX 48.60 ($0.67) and last traded at GBX 48.60 ($0.67), with a volume of 1630186 shares. The stock had previously closed at GBX 43.80 ($0.60).

Life Science REIT Trading Up 0.4%

The company has a market capitalization of £168.28 million, a P/E ratio of -4.20 and a beta of 0.08. The firm's 50 day moving average price is GBX 43.07 and its two-hundred day moving average price is GBX 39.81.

Life Science REIT (LON:LABS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The company reported GBX 1.70 ($0.02) earnings per share for the quarter. Life Science REIT had a negative net margin of 198.99% and a negative return on equity of 14.53%.

About Life Science REIT

(Get Free Report)

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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