Life Science REIT (LON:LABS) Reaches New 12-Month High – Still a Buy?

Life Science REIT plc (LON:LABSGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 46.80 ($0.60) and last traded at GBX 46.60 ($0.60), with a volume of 1037494 shares traded. The stock had previously closed at GBX 45.60 ($0.59).

Life Science REIT Price Performance

The firm has a market capitalization of £164.73 million, a P/E ratio of -4.11 and a beta of 0.08. The company’s 50-day simple moving average is GBX 35.90 and its two-hundred day simple moving average is GBX 37.24.

About Life Science REIT

(Get Free Report)

Life Science REIT plc (the Company) is a closed-ended Real Estate Investment Trust (REIT) incorporated in England and Wales on 27 July 2021. The Company began trading on 19 November 2021 and its shares are admitted to trading on the Premium Listing Segment of the Main Market of the London Stock Exchange.

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