Warehouse REIT (LON:WHR) Shares Up 0.4% - Should You Buy?

Key Points

• Warehouse REIT's shares increased by 0.4% during trading, reaching a last traded price of GBX 113.40 ($1.52).
• Despite the rise, trading volume was significantly lower, with only 145,095 shares traded, a decline of 97% from the average session volume.
• The company, established in 2017, has a market capitalization of £481.79 million and a notably high P/E ratio of 1,157.14.

Warehouse REIT (LON:WHR - ) shot up 0.4% during trading on Tuesday . The stock traded as high as GBX 113.40 ($1.52) and last traded at GBX 113.40 ($1.52). 145,095 shares were traded during trading, a decline of 97% from the average session volume of 4,304,065 shares. The stock had previously closed at GBX 113 ($1.52).

Warehouse REIT Trading Up 0.4%

The company has a market capitalization of £481.79 million, a P/E ratio of 1,157.14, a P/E/G ratio of 1.79 and a beta of 0.91. The company has a 50 day moving average price of GBX 113.62 and a 200 day moving average price of GBX 109.47.

About Warehouse REIT

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.

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