Warehouse REIT (LON:WHR - Get Free Report)'s stock price rose 15.6% during trading on Tuesday . The stock traded as high as GBX 101.90 ($1.31) and last traded at GBX 98.05 ($1.26). Approximately 69,942,656 shares were traded during trading, an increase of 2,195% from the average daily volume of 3,048,051 shares. The stock had previously closed at GBX 84.80 ($1.09).
Analysts Set New Price Targets
Separately, Shore Capital reissued a "buy" rating on shares of Warehouse REIT in a report on Tuesday, February 11th.
Check Out Our Latest Stock Report on WHR
Warehouse REIT Price Performance
The company has a market capitalization of £420.23 million, a P/E ratio of 0.96, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91. The firm has a fifty day moving average price of GBX 81.02 and a 200-day moving average price of GBX 83.92.
About Warehouse REIT
(
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Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.
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