Grit Real Estate Income Group Ltd (LON:GR1T) Insider Acquires £615,901 in Stock

Grit Real Estate Income Group Ltd (LON:GR1T) insider Leon van de Moortele bought 8,437 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was acquired at an average price of GBX 7,300 ($89.84) per share, for a total transaction of £615,901 ($757,938.72).

Shares of GR1T stock traded down GBX 0.01 ($0.00) on Tuesday, reaching GBX 0.81 ($0.01). The firm has a market capitalization of $2.46 million and a P/E ratio of 11.67. The company has a debt-to-equity ratio of 109.84, a quick ratio of 0.86 and a current ratio of 0.90. The business’s 50 day moving average price is GBX 0.72 and its 200-day moving average price is GBX 18.17. Grit Real Estate Income Group Ltd has a 52-week low of GBX 0 ($0.00) and a 52-week high of GBX 1.40 ($0.02).

Grit Real Estate Income Group Company Profile

Grit is a pan African property investment company focusing on African real estate assets (excluding South Africa and Namibia). The Company is underpinned by predominantly US Dollar and Euro denominated, medium to long term leases with high quality global graded tenants, delivering sustainable income and growth.

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