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Life Science REIT (LON:LABS) Stock Price Down 7.3% - Time to Sell?

Life Science REIT logo with Real Estate background

Key Points

  • Life Science REIT plc shares dropped 7.3% during mid-day trading, closing at GBX 40.42 ($0.54), after previously closing at GBX 43.60 ($0.59).
  • Trading volume surged to 1,966,627 shares, representing an increase of 163% compared to the average session volume.
  • The company's market cap stands at £144.14 million, with a P/E ratio of -3.60, indicating negative earnings performance.
  • MarketBeat previews the top five stocks to own by September 1st.

Life Science REIT plc (LON:LABS - Get Free Report) traded down 7.3% during mid-day trading on Monday . The stock traded as low as GBX 39.80 ($0.53) and last traded at GBX 40.42 ($0.54). 1,966,627 shares traded hands during trading, an increase of 163% from the average session volume of 746,566 shares. The stock had previously closed at GBX 43.60 ($0.58).

Life Science REIT Stock Down 1.5%

The firm's 50-day moving average is GBX 43.07 and its 200-day moving average is GBX 40.77. The company has a market cap of £140.59 million, a PE ratio of -3.51 and a beta of 0.08.

Life Science REIT Company Profile

(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.

See Also

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