Ground Rents Income Fund (LON:GRIO) Reaches New 12-Month High – Should You Buy?

Shares of Ground Rents Income Fund PLC (LON:GRIOGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 35 ($0.44) and last traded at GBX 34.65 ($0.44), with a volume of 75700 shares. The stock had previously closed at GBX 34.50 ($0.44).

Ground Rents Income Fund Stock Performance

The firm has a market capitalization of £32.53 million, a P/E ratio of -1.35 and a beta of 0.38. The business has a fifty day moving average of GBX 28.61 and a 200-day moving average of GBX 25.88.

Ground Rents Income Fund (LON:GRIOGet Free Report) last issued its quarterly earnings data on Thursday, January 16th. The company reported GBX (31.10) (($0.39)) earnings per share (EPS) for the quarter. Ground Rents Income Fund had a negative return on equity of 39.19% and a negative net margin of 413.74%.

Ground Rents Income Fund Company Profile

(Get Free Report)

The Company has been established to provide secure long-term performance through investment in long dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy.

Further Reading

Receive News & Ratings for Ground Rents Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ground Rents Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.