Warehouse REIT (LON:WHR) Reaches New 1-Year High – Time to Buy?

Shares of Warehouse REIT (LON:WHR) reached a new 52-week high during trading on Monday . The company traded as high as GBX 106 ($1.38) and last traded at GBX 105.20 ($1.37), with a volume of 1411816 shares. The stock had previously closed at GBX 105 ($1.37).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of Warehouse REIT in a report on Tuesday, February 11th.

Warehouse REIT Stock Down 0.1 %

The company has a market capitalization of £441.86 million, a price-to-earnings ratio of 1.01, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91. The company has a 50 day simple moving average of GBX 85.03 and a 200 day simple moving average of GBX 84.80.

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.