Barry Gilbertson Buys 38,813 Shares of Ground Rents Income Fund PLC (LON:GRIO) Stock

Ground Rents Income Fund PLC (LON:GRIO) insider Barry Gilbertson purchased 38,813 shares of the stock in a transaction on Tuesday, September 10th. The stock was acquired at an average cost of GBX 26 ($0.34) per share, for a total transaction of £10,091.38 ($13,196.52).

Barry Gilbertson also recently made the following trade(s):

• On Thursday, June 27th, Barry Gilbertson sold 38,813 shares of Ground Rents Income Fund stock. The shares were sold at an average price of GBX 29 ($0.38), for a total transaction of £11,255.77 ($14,719.20).

Ground Rents Income Fund Price Performance

GRIO opened at GBX 25.60 ($0.33) on Friday. The firm’s 50-day simple moving average is GBX 28.25 and its 200-day simple moving average is GBX 29.51. The company has a debt-to-equity ratio of 23.04, a quick ratio of 1.07 and a current ratio of 1.02. Ground Rents Income Fund PLC has a twelve month low of GBX 25.05 ($0.33) and a twelve month high of GBX 39.10 ($0.51). The firm has a market cap of £24.49 million, a price-to-earnings ratio of -320.00 and a beta of 0.38.

About Ground Rents Income Fund

Ground Rents Income Fund PLC is a real estate investment trust externally managed by Braemar Estates (Residential) Ltd, Asset Management Arm. The firm invest in long dated United Kingdom ground rents. It acquire a portfolio of freeholds and head leases, offering the potential for income generation from ground rents, that is both secure and hedged against inflation, and the potential for capital growth from active asset management.