Life Science REIT (LON:LABS) Shares Down 1.7% – Time to Sell?

Life Science REIT plc (LON:LABSGet Free Report)’s share price dropped 1.7% during trading on Friday . The stock traded as low as GBX 39.40 and last traded at GBX 40.30. Approximately 50,023 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 5,181,371 shares. The stock had previously closed at GBX 41.

Life Science REIT Price Performance

The company has a 50-day moving average of GBX 40.39 and a two-hundred day moving average of GBX 39.06. The stock has a market capitalization of £141.05 million, a PE ratio of -4.58 and a beta of 0.08.

Life Science REIT Company Profile

(Get Free Report)

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.

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