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Life Science REIT (LON:LABS) Shares Up 0.2% - Here's Why

Life Science REIT logo with Real Estate background

Life Science REIT plc (LON:LABS - Get Free Report) shot up 0.2% during trading on Thursday . The company traded as high as GBX 43.45 ($0.58) and last traded at GBX 42.70 ($0.57). 9,083,673 shares traded hands during mid-day trading, an increase of 745% from the average session volume of 1,075,304 shares. The stock had previously closed at GBX 42.60 ($0.56).

Life Science REIT Stock Performance

The company has a market cap of £156.22 million, a price-to-earnings ratio of -3.90 and a beta of 0.08. The company's 50 day moving average price is GBX 39.63 and its 200 day moving average price is GBX 38.70.

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

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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