Grit Real Estate Income Group (GR1T) Share Price, News & Analysis

Company Overview

Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors. The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company holds its primary listing on the Main Market of the London Stock Exchange (LSE: GR1T and a secondary listing on theStock Exchange of Mauritius (SEM: DEL.N0000).

Key Stats

• Today's Range: 12.15 to 12.75
• 50-Day Range: 12 to 15.50
• 52-Week Range: 12 to 22.70
• Volume: 286,260 shs
• Average Volume: 400,062 shs
• Market Capitalization: £60.02 million
• P/E Ratio: N/A
• Dividend Yield: 23.53%
• Price Target: N/A
• Consensus Rating: N/A

GR1T Stock Analysis - Frequently Asked Questions

How have GR1T shares performed this year?

Grit Real Estate Income Group's stock was trading at GBX 21 on January 1st, 2024. Since then, GR1T shares have decreased by 39.3% and is now trading at GBX 12.75.
View the best growth stocks for 2024 here.

How do I buy shares of Grit Real Estate Income Group?

Shares of GR1T stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of Grit Real Estate Income Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Grit Real Estate Income Group investors own include AutoZone (AZO), Intel (INTC), TJX Companies (TJX), Abacus Health Products (ABAHF), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and Bank of America (BAC).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: Real Estate Services
• Sub-Industry: N/A
• Current Symbol: LON:GR1T
• CUSIP: N/A
• CIK: N/A
• Web: www.grit.group
• Phone: 230-269-7090
• Fax: N/A
• Employees: 157
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.07)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 425.00
• P/E Growth: N/A
• Net Income: £-46,910,000.00
• Net Margins: -71.70%
• Pretax Margin: N/A
• Return on Equity: -14.91%
• Return on Assets: 2.46%

Debt

• Debt-to-Equity Ratio: 152.89
• Current Ratio: 0.28
• Quick Ratio: 0.24

Sales & Book Value

• Annual Sales: £65.43 million
• Price / Sales: 0.92
• Cash Flow: GBX 2.09 per share
• Price / Cash Flow: 6.11
• Book Value: GBX 57 per share
• Price / Book: 0.22

Miscellaneous

• Outstanding Shares: 470,710,000
• Free Float: N/A
• Market Cap: £60.02 million
• Optionable: Not Optionable
• Beta: 0.20