Shares of Sirius Real Estate Limited (LON:SRE - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 94.64 ($1.29) and traded as low as GBX 92 ($1.25). Sirius Real Estate shares last traded at GBX 93.65 ($1.27), with a volume of 1,908,627 shares traded.
Analyst Ratings Changes
Separately, Berenberg Bank boosted their price target on shares of Sirius Real Estate from GBX 110 ($1.49) to GBX 120 ($1.63) and gave the company a "buy" rating in a report on Monday, June 2nd.
View Our Latest Research Report on SRE
Sirius Real Estate Price Performance
The company has a market capitalization of £1.70 billion, a PE ratio of 12.31 and a beta of 1.18. 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 stock has a 50 day moving average price of GBX 94.64 and a two-hundred day moving average price of GBX 85.89.
Insider Buying and Selling
In other Sirius Real Estate news, insider Chris Bowman bought 15,000 shares of Sirius Real Estate stock in a transaction on Friday, June 6th. The stock was purchased at an average cost of GBX 97 ($1.32) per share, for a total transaction of £14,550 ($19,766.34). Corporate insiders own 1.95% of the company's stock.
About Sirius Real Estate
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sirius Real Estate, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sirius Real Estate wasn't on the list.
While Sirius Real Estate currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
