Life Science REIT (LON:LABS) Trading 21.2% Higher – Should You Buy?

Life Science REIT plc (LON:LABSGet Free Report) shares rose 21.2% during trading on Wednesday . The company traded as high as GBX 43 and last traded at GBX 42.90. Approximately 110,620,336 shares were traded during trading, an increase of 1,452% from the average daily volume of 7,127,154 shares. The stock had previously closed at GBX 35.40.

Life Science REIT Stock Performance

The firm has a 50 day moving average price of GBX 38.34 and a two-hundred day moving average price of GBX 38.58. The company has a market capitalization of £150.15 million, a P/E ratio of -4.88 and a beta of 0.08.

About Life Science REIT

(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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