Drum Income Plus REIT (LON:DRIP) Hits New 1-Year Low at $68.00

Shares of Drum Income Plus REIT PLC (LON:DRIP) hit a new 52-week low on Wednesday . The company traded as low as GBX 68 ($0.89) and last traded at GBX 69.50 ($0.91), with a volume of 2000 shares. The stock had previously closed at GBX 72.50 ($0.95).

The firm has a market capitalization of $26.55 million and a P/E ratio of 31.59. The stock has a fifty day simple moving average of GBX 77.25 and a two-hundred day simple moving average of GBX 75.84. The company has a debt-to-equity ratio of 64.92, a current ratio of 0.14 and a quick ratio of 0.14.

Drum Income Plus REIT Company Profile (LON:DRIP)

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.

Recommended Story: Why do commodities matter?

Receive News & Ratings for Drum Income Plus REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drum Income Plus REIT and related companies with MarketBeat.com's FREE daily email newsletter.