Sirius Real Estate Limited (LON:SRE - Get Free Report)'s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 94.64 ($1.28) and traded as low as GBX 92 ($1.24). Sirius Real Estate shares last traded at GBX 93.65 ($1.26), with a volume of 1,908,627 shares changing hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank upped their price objective on shares of Sirius Real Estate from GBX 110 ($1.48) to GBX 120 ($1.62) and gave the stock a "buy" rating in a research note on Monday, June 2nd.
Check Out Our Latest Report on SRE
Sirius Real Estate Price Performance
The company has a 50-day moving average of GBX 94.68 and a 200-day moving average of GBX 86.01. The company has a debt-to-equity ratio of 60.06, a quick ratio of 1.49 and a current ratio of 6.55. The firm has a market capitalization of £1.72 billion, a price-to-earnings ratio of 12.44 and a beta of 1.18.
Insider Transactions at Sirius Real Estate
In other news, insider Chris Bowman purchased 15,000 shares of the company's stock in a transaction on Friday, June 6th. The shares were purchased at an average cost of GBX 97 ($1.31) per share, with a total value of £14,550 ($19,627.68). Corporate insiders own 1.95% of the company's stock.
Sirius Real Estate Company Profile
(
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Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company's core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company's own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.
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