Grit Real Estate Income Group (LON:GR1T) Trading 2.8% Higher – Here’s Why

Grit Real Estate Income Group Limited (LON:GR1TGet Free Report)’s share price was up 2.8% during trading on Monday . The company traded as high as GBX 6.94 and last traded at GBX 6.94. Approximately 7,132 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 619,661 shares. The stock had previously closed at GBX 6.75.

Grit Real Estate Income Group Stock Up 2.8%

The firm’s 50-day simple moving average is GBX 6.55 and its 200 day simple moving average is GBX 6.16. The company has a debt-to-equity ratio of 212.34, a quick ratio of 0.24 and a current ratio of 0.30. The company has a market capitalization of £36.06 million, a PE ratio of -0.54 and a beta of 0.20.

Grit Real Estate Income Group Company Profile

(Get Free Report)

Grit is a leading, London-listed pan-African impact real estate investor and solutions provider. We invest in and actively manage a diverse portfolio of assets underpinned by mainly US dollar and Euro denominated long-term lease with high-quality multi-national tenants.

We leverage our deep African real estate insights and in-country expertise to offer unique real estate solutions in property development, asset and property management as well as selected co-investment opportunities for qualifying counterparties.

Through our family of partnerships, we find opportunities to drive positive social and environmental change that transcend buildings to the benefit all current stakeholders and generations to come.

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