Standard Life Investments Property Income Trust (LON:SLI) Stock Price Down 0.8% – Time to Sell?

Standard Life Investments Property Income Trust Limited (LON:SLI) shares traded down 0.8% on Friday . The stock traded as low as GBX 78.94 ($1.00) and last traded at GBX 79 ($1.00). 413,432 shares traded hands during trading, a decline of 41% from the average session volume of 703,547 shares. The stock had previously closed at GBX 79.60 ($1.00).

Standard Life Investments Property Income Trust Trading Down 0.8 %

The company has a debt-to-equity ratio of 27.74, a current ratio of 1.75 and a quick ratio of 1.75. The stock’s 50-day moving average is GBX 79 and its two-hundred day moving average is GBX 79. The company has a market cap of £312.43 million and a P/E ratio of 3.67.

About Standard Life Investments Property Income Trust

The objective of the Company is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties. The majority of the portfolio will be invested in direct holdings within the three main commercial property sectors of retail, office and industrial although the Company may also invest in other commercial property such as hotels, nursing homes and student housing.