Warehouse REIT (LON:WHR) Stock Price Up 2.3%

Warehouse REIT plc (LON:WHR) rose 2.3% during mid-day trading on Tuesday . The stock traded as high as GBX 85.30 ($1.07) and last traded at GBX 85 ($1.07). Approximately 838,046 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 891,619 shares. The stock had previously closed at GBX 83.10 ($1.04).

Wall Street Analysts Forecast Growth

Separately, Shore Capital downgraded Warehouse REIT to a “hold” rating in a research report on Monday, March 4th.

Warehouse REIT Trading Up 2.3 %

The business has a 50 day simple moving average of GBX 79.23 and a 200 day simple moving average of GBX 82.23. The company has a debt-to-equity ratio of 55.11, a current ratio of 0.94 and a quick ratio of 0.71. The company has a market cap of £361.13 million, a price-to-earnings ratio of -314.81, a price-to-earnings-growth ratio of 1.79 and a beta of 0.88.

About Warehouse REIT

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.