Warehouse REIT PLC (LON:WHR)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 114 ($1.50) and last traded at GBX 114 ($1.50), with a volume of 187217 shares changing hands. The stock had previously closed at GBX 113 ($1.49).
Several research analysts have commented on the stock. Royal Bank of Canada raised their price target on shares of Warehouse REIT to GBX 145 ($1.91) and gave the company an “outperform” rating in a report on Monday, December 16th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 120 ($1.58) price objective on shares of Warehouse REIT in a research note on Wednesday, September 18th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Warehouse REIT in a research note on Tuesday, January 7th.
The firm has a market capitalization of $273.89 million and a PE ratio of 15.00. The company has a debt-to-equity ratio of 63.77, a quick ratio of 1.12 and a current ratio of 1.13. The firm has a fifty day moving average of GBX 107.32 and a 200 day moving average of GBX 105.31.
In related news, insider Aimee Pitman bought 47,348 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were acquired at an average cost of GBX 106 ($1.39) per share, for a total transaction of £50,188.88 ($66,020.63). Also, insider Stephen Barrow bought 100,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were bought at an average price of GBX 108 ($1.42) per share, for a total transaction of £108,000 ($142,067.88).
About Warehouse REIT (LON:WHR)
Warehouse REIT plc is a real estate investment trust. The firm invests in the real estate markets of United Kingdom. It makes investments in UK urban warehouses. Warehouse REIT Plc was founded in July 24, 2017 and is based in Chester, United Kingdom with an additional office in London, United Kingdom.
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