Green Reit (LON:GRN) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Green Reit PLC (LON:GRNGet Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1.84 ($0.02) and traded as high as GBX 1.84 ($0.02). Green Reit shares last traded at GBX 1.84 ($0.02), with a volume of 1,922,500 shares changing hands.

Green Reit Stock Performance

The company has a current ratio of 1.84, a quick ratio of 1.70 and a debt-to-equity ratio of 22.01. The firm has a market cap of £12.87 million and a price-to-earnings ratio of 14.05. The stock’s 50 day moving average is GBX 1.84 and its 200 day moving average is GBX 1.84.

About Green Reit

(Get Free Report)

Green REIT Plc is an Irish Real Estate Investment Trust ("REIT") and is listed on the Irish and London Stock Exchanges. The Company was the first REIT established in Ireland following the introduction of REIT legislation by the Irish Government. The Company's stated strategy is to create a property portfolio consisting primarily of commercial property in Ireland to deliver income and capital growth through opportunistic investments, active property management and prudent use of debt finance.

Further Reading

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