Custodian Property Income REIT (LON:CREI) Trading Down 0.1% – Here’s Why

Shares of Custodian Property Income REIT (LON:CREIGet Free Report) dropped 0.1% during trading on Tuesday . The stock traded as low as GBX 88.10 and last traded at GBX 88.90. Approximately 3,055,764 shares were traded during mid-day trading, an increase of 411% from the average daily volume of 597,810 shares. The stock had previously closed at GBX 89.

Custodian Property Income REIT Trading Down 0.1%

The company has a market cap of £434.50 million, a price-to-earnings ratio of 7.80 and a beta of 0.72. The company’s 50 day moving average price is GBX 85.09 and its 200 day moving average price is GBX 84.50.

About Custodian Property Income REIT

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Custodian Property Income REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is principally characterised by smaller, regional, core/core-plus properties. The Company offers investors the opportunity to access a diversified portfolio of UK commercial real estate through a closed-ended fund. By principally targeting smaller, regional, core/core-plus properties, the Company seeks to provide investors with an attractive level of income with the potential for capital growth.

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