Life Science REIT (LON:LABS) Trading Down 0.8% – Here’s Why

Life Science REIT plc (LON:LABS)’s stock price was down 0.8% during mid-day trading on Tuesday . The stock traded as low as GBX 38.50 and last traded at GBX 38.50. Approximately 210,655 shares traded hands during trading, a decline of 73% from the average daily volume of 774,384 shares. The stock had previously closed at GBX 38.80.

Life Science REIT Price Performance

The business has a 50-day simple moving average of GBX 38.13 and a 200 day simple moving average of GBX 39.63. The firm has a market cap of £134.75 million, a PE ratio of -4.38 and a beta of 0.08.

Life Science REIT (LON:LABS) last announced its quarterly earnings data on Tuesday, September 23rd. The company reported GBX (8.50) earnings per share (EPS) for the quarter. Life Science REIT had a negative net margin of 198.99% and a negative return on equity of 14.53%.

About Life Science REIT

Life Science REIT plc (the Company) is a closed-ended Real Estate Investment Trust (REIT) incorporated in England and Wales on 27 July 2021. The Company began trading on 19 November 2021 and its shares are admitted to trading on the Premium Listing Segment of the Main Market of the London Stock Exchange. The registered office of the Company is located at 6th Floor, 65 Gresham Street, London, EC2V 7NQ.