Drum Income Plus REIT (LON:DRIP) Shares Cross Below Fifty Day Moving Average of $50.00

Drum Income Plus REIT (LON:DRIP – Get Rating)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 50 ($0.61) and traded as low as GBX 50 ($0.61). Drum Income Plus REIT shares last traded at GBX 50 ($0.61), with a volume of 8,293,746 shares trading hands.

Drum Income Plus REIT Price Performance

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

Drum Income Plus REIT Company Profile

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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.