Drum Income Plus REIT (LON:DRIP) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

Drum Income Plus REIT (LON:DRIPGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 50 ($0.65) and traded as low as GBX 50 ($0.65). Drum Income Plus REIT shares last traded at GBX 50 ($0.65), with a volume of 8,293,746 shares trading hands.

Drum Income Plus REIT Price Performance

The stock has a market capitalization of £19.10 million and a PE ratio of -5.26. The stock’s 50 day moving average is GBX 50 and its two-hundred day moving average is GBX 50. The company has a debt-to-equity ratio of 86.00, a quick ratio of 1.62 and a current ratio of 1.62.

Drum Income Plus REIT Company Profile

(Get Free Report)

Drum Income Plus REIT plc is a real estate investment trust. The Company’s portfolio comprises nine properties let to institutional grade tenants on long leases throughout the United Kingdom and is characterized by smaller lot sizes. The Company invests principally in three commercial property sectors: office, retail (including retail warehouses) and industrial.

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