Warehouse REIT (LON:WHR) Hits New 1-Year High - Here's Why

Warehouse REIT (LON:WHR - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 116.40 ($1.57) and last traded at GBX 115.40 ($1.56), with a volume of 54611555 shares changing hands. The stock had previously closed at GBX 112.40 ($1.52).

Warehouse REIT Stock Performance

The business's fifty day moving average is GBX 106.06 and its 200-day moving average is GBX 97.02. The firm has a market cap of £487.16 million, a P/E ratio of 1.12, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91.

Warehouse REIT (LON:WHR - Get Free Report) last issued its quarterly earnings data on Wednesday, June 11th. The company reported GBX 5.20 ($0.07) earnings per share (EPS) for the quarter. Warehouse REIT had a net margin of 856.82% and a return on equity of 81.53%. Analysts predict that Warehouse REIT will post 5.74454 EPS for the current fiscal year.

Warehouse REIT Company Profile

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.