Gresham House (LON:GHE) Share Price Passes Below 50 Day Moving Average of $620.46

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Gresham House plc (LON:GHE) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $620.46 and traded as low as $490.00. Gresham House shares last traded at $512.50, with a volume of 10,810 shares trading hands.

Separately, Canaccord Genuity reissued a “buy” rating and issued a GBX 801 ($10.54) price objective on shares of Gresham House in a research note on Monday, January 27th.

The firm has a market capitalization of $142.90 million and a PE ratio of -160.16. The business’s 50 day simple moving average is GBX 617.56 and its 200 day simple moving average is GBX 607.44. The company has a current ratio of 1.85, a quick ratio of 1.29 and a debt-to-equity ratio of 0.49.

About Gresham House (LON:GHE)

Gresham House plc, an investment trust, engages in property rental and development in the United Kingdom. It also invests in listed securities. The company is based in London, the United Kingdom.

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