Home Reit (LON:HOME) Shares Down 7.1% – Here’s What Happened

Home Reit Plc (LON:HOMEGet Free Report) dropped 7.1% on Wednesday . The company traded as low as GBX 9.20 and last traded at GBX 9.20. Approximately 26,367,275 shares were traded during trading, an increase of 13% from the average daily volume of 23,409,016 shares. The stock had previously closed at GBX 9.90.

Home Reit Trading Down 7.1%

The business has a 50 day simple moving average of GBX 12.40 and a two-hundred day simple moving average of GBX 12.79. The company has a current ratio of 45.92, a quick ratio of 6.30 and a debt-to-equity ratio of 39.39. The stock has a market cap of £72.73 million, a price-to-earnings ratio of -2.38 and a beta of 0.15.

Home Reit (LON:HOMEGet Free Report) last issued its quarterly earnings data on Monday, March 30th. The retailer reported GBX (2) earnings per share for the quarter. The business had revenue of GBX 1,166 million during the quarter.

About Home Reit

(Get Free Report)

Home REIT plc operates as a real estate investment trust. The Company focuses on delivering inflation-protected income and capital growth over the medium term for shareholders through funding the acquisition and creation of homeless accommodation. Home REIT serves customers in the United Kingdom.

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