Ground Rents Income Fund (LON:GRIO) Announces Quarterly Earnings Results

Ground Rents Income Fund (LON:GRIO) posted its quarterly earnings results on Friday. The company reported GBX (4.50) earnings per share (EPS) for the quarter, Digital Look Earnings reports. 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 Stock Performance

LON:GRIO opened at GBX 24.88 on Friday. The firm has a market cap of £23.80 million, a PE ratio of -1.51 and a beta of 0.38. Ground Rents Income Fund has a fifty-two week low of GBX 20.50 and a fifty-two week high of GBX 35. The business has a 50 day moving average price of GBX 24.91 and a 200-day moving average price of GBX 26.80.

About Ground Rents Income Fund

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.