Drum Income Plus REIT (LON:DRIP) Stock Crosses Below 50 Day Moving Average of $50.00

Drum Income Plus REIT (LON:DRIP)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 50 ($0.63) and traded as low as GBX 50 ($0.63). Drum Income Plus REIT shares last traded at GBX 50 ($0.63), with a volume of 8,293,746 shares.

Drum Income Plus REIT Stock Performance

The stock’s 50 day moving average is GBX 50 and its two-hundred day moving average is GBX 50. The firm has a market capitalization of £19.10 million and a P/E ratio of -5.26. The company has a debt-to-equity ratio of 86.00, a current ratio of 1.62 and a quick ratio of 1.62.

About Drum Income Plus REIT

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.