Grit Real Estate Income Group (LON:GR1T) Stock Price Down 1.5%

Grit Real Estate Income Group Ltd (LON:GR1T) shares dropped 1.5% during trading on Friday . The company traded as low as GBX 1.35 ($0.02) and last traded at GBX 1.35 ($0.02), approximately 11,123 shares changed hands during trading. The stock had previously closed at GBX 1.37 ($0.02).

The company has a market capitalization of $3.99 million and a price-to-earnings ratio of 10.67. The firm’s fifty day moving average price is GBX 115.63. The company has a current ratio of 0.45, a quick ratio of 0.41 and a debt-to-equity ratio of 87.52.

About Grit Real Estate Income Group (LON:GR1T)

Grit is a pan African property investment company focusing on African real estate assets (excluding South Africa and Namibia). The Company is underpinned by predominantly US Dollar and Euro denominated, medium to long term leases with high quality global graded tenants, delivering sustainable income and growth.

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