Sirius Real Estate Limited (LON:SRE - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 77.71 ($0.98) and traded as high as GBX 80 ($1.01). Sirius Real Estate shares last traded at GBX 79.50 ($1.00), with a volume of 3,496,354 shares trading hands.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reiterated a "buy" rating and set a GBX 115 ($1.45) price objective on shares of Sirius Real Estate in a report on Tuesday, December 17th.
Check Out Our Latest Stock Report on SRE
Sirius Real Estate Price Performance
The company has a current ratio of 6.55, a quick ratio of 1.49 and a debt-to-equity ratio of 60.06. The firm has a market cap of £1.42 billion, a P/E ratio of 10.30 and a beta of 1.18. The company has a fifty day moving average price of GBX 77.72 and a two-hundred day moving average price of GBX 87.28.
Insider Activity
In other news, insider Andrew Coombs bought 5,000 shares of the company's stock in a transaction that occurred on Wednesday, December 18th. The shares were acquired at an average price of GBX 80 ($1.01) per share, with a total value of £4,000 ($5,030.18). 1.95% of the stock is currently owned by company insiders.
About Sirius Real Estate
(
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Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company's core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company's own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.
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