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Warehouse REIT (LON:WHR) Trading Down 9.1% - Here's What Happened

Warehouse REIT logo with Real Estate background

Warehouse REIT (LON:WHR - Get Free Report) traded down 9.1% during mid-day trading on Monday . The company traded as low as GBX 98.12 ($1.30) and last traded at GBX 99.10 ($1.32). 1,955,473 shares changed hands during trading, a decline of 20% from the average session volume of 2,450,734 shares. The stock had previously closed at GBX 109 ($1.45).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "buy" rating on shares of Warehouse REIT in a research note on Tuesday, February 11th.

View Our Latest Stock Report on Warehouse REIT

Warehouse REIT Stock Down 11.4%

The company has a market capitalization of £409.22 million, a PE ratio of 0.94, a P/E/G ratio of 1.79 and a beta of 0.91. The firm's 50 day simple moving average is GBX 105.44 and its 200-day simple moving average is GBX 90.03.

Warehouse REIT Company Profile

(Get Free Report)

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.

Further Reading

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