Strawberry Fields REIT (NYSEAMERICAN:STRW) Stock Price Down 1.6% - Here's Why

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW - Get Free Report) dropped 1.6% on Wednesday . The stock traded as low as $10.05 and last traded at $10.11. Approximately 36,966 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 66,391 shares. The stock had previously closed at $10.27.

Strawberry Fields REIT Stock Performance

The stock has a market capitalization of $125.77 million, a price-to-earnings ratio of 17.43, a PEG ratio of 1.04 and a beta of 0.39. The company has a fifty day simple moving average of $10.43 and a two-hundred day simple moving average of $11.00.

Strawberry Fields REIT Company Profile

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.

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