Drum Income Plus REIT (LON:DRIP) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of Drum Income Plus REIT (LON:DRIPGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 50 ($0.63) and traded as high as GBX 50 ($0.63). Drum Income Plus REIT shares last traded at GBX 50 ($0.63), with a volume of 8,293,746 shares traded.

Drum Income Plus REIT Stock Up 781.8 %

The company has a debt-to-equity ratio of 86.00, a current ratio of 1.62 and a quick ratio of 1.62. The stock has a market cap of £19.10 million and a price-to-earnings ratio of -5.26. The firm’s 50-day moving average is GBX 50 and its 200 day moving average is GBX 50.

About Drum Income Plus REIT

(Get Free Report)

Drum Income Plus REIT plc is a real estate investment trust. The Company’s portfolio comprises nine properties let to institutional grade tenants on long leases throughout the United Kingdom and is characterized by smaller lot sizes. The Company invests principally in three commercial property sectors: office, retail (including retail warehouses) and industrial.

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