Warehouse REIT (LON:WHR) Shares Down 2.2% - Here's Why

Shares of Warehouse REIT (LON:WHR - Get Free Report) were down 2.2% during trading on Wednesday . The stock traded as low as GBX 111.95 ($1.53) and last traded at GBX 112.66 ($1.54). Approximately 19,584,711 shares were traded during mid-day trading, an increase of 445% from the average daily volume of 3,594,769 shares. The stock had previously closed at GBX 115.20 ($1.57).

Warehouse REIT Stock Performance

The firm's 50 day moving average is GBX 105.50 and its 200-day moving average is GBX 95.67. The stock has a market capitalization of £471.06 million, a price-to-earnings ratio of 1.08, a PEG ratio of 1.79 and a beta of 0.91.

Warehouse REIT (LON:WHR - Get Free Report) last posted 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%. As a group, sell-side analysts forecast that Warehouse REIT will post 5.74454 earnings per share for the current 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.