LXi REIT (LON:LXI) Reaches New 1-Year High at $132.00

LXi REIT PLC (LON:LXI)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 132 ($1.72) and last traded at GBX 131.40 ($1.72), with a volume of 1121706 shares changing hands. The stock had previously closed at GBX 130.80 ($1.71).

Separately, Peel Hunt reaffirmed an “outperform” rating on shares of LXi REIT in a report on Tuesday, September 3rd.

The company has a debt-to-equity ratio of 41.44, a quick ratio of 2.66 and a current ratio of 7.64. The firm has a fifty day simple moving average of GBX 128.76 and a 200-day simple moving average of GBX 109.40. The firm has a market cap of $683.07 million and a price-to-earnings ratio of 10.23.

In related news, insider Stephen Hubbard bought 4,465 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The stock was purchased at an average price of GBX 127 ($1.66) per share, for a total transaction of £5,670.55 ($7,409.58).

LXi REIT Company Profile (LON:LXI)

The Company, a real estate investment trust (REIT) incorporated in England and Wales, is listed on the premium listing segment of the Official List of the UK Listing Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in February 2017.

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