Sirius Real Estate (LON:SRE) Stock Price Crosses Above Fifty Day Moving Average of $88.87

Sirius Real Estate Limited (LON:SRE) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 88.87 ($1.12) and traded as high as GBX 96.65 ($1.21). Sirius Real Estate shares last traded at GBX 95.30 ($1.20), with a volume of 1,633,676 shares trading hands.

Sirius Real Estate Stock Performance

The firm has a 50 day simple moving average of GBX 88.87 and a 200 day simple moving average of GBX 87.91. The company has a current ratio of 0.45, a quick ratio of 1.49 and a debt-to-equity ratio of 81.70. The firm has a market capitalization of £1.28 billion, a PE ratio of 3,176.67 and a beta of 1.13.

Insider Activity

In other news, insider Andrew Coombs purchased 23,252 shares of the stock in a transaction dated Monday, February 12th. The shares were purchased at an average cost of GBX 85 ($1.07) per share, with a total value of £19,764.20 ($24,810.70). Insiders own 2.35% of the company’s stock.

About Sirius Real Estate

Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company’s core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company’s own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.