Custodian Property Income REIT (LON:CREI) Trading 0.9% Higher – Still a Buy?

Custodian Property Income REIT (LON:CREI)’s share price was up 0.9% during trading on Monday . The stock traded as high as GBX 80 ($1.04) and last traded at GBX 79.10 ($1.03). Approximately 403,883 shares traded hands during trading, a decline of 38% from the average daily volume of 650,826 shares. The stock had previously closed at GBX 78.40 ($1.02).

Custodian Property Income REIT Stock Performance

The company has a current ratio of 1.56, a quick ratio of 0.57 and a debt-to-equity ratio of 43.05. The stock has a 50 day moving average price of GBX 81.91 and a two-hundred day moving average price of GBX 77.72. The company has a market cap of £350.92 million, a price-to-earnings ratio of -693.33 and a beta of 0.28.

Custodian Property Income REIT Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 17th will be issued a GBX 1.50 ($0.02) dividend. The ex-dividend date is Thursday, October 17th. This represents a yield of 1.81%.

Custodian Property Income REIT Company Profile

Custodian Property Income REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants on long leases throughout the UK and is principally characterised by smaller, regional, core/core-plus properties.