Colin Smith Purchases 45,000 Shares of LXi REIT PLC (LXI) Stock
LXi REIT PLC (LON:LXI) insider Colin Smith bought 45,000 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were bought at an average cost of GBX 102 ($1.35) per share, for a total transaction of £45,900 ($60,570.07).
Shares of LXi REIT PLC (LON LXI) traded down 0.24% during trading on Monday, reaching GBX 103.50. 219,294 shares of the company were exchanged. The company has a 50 day moving average price of GBX 0.98 and a 200-day moving average price of GBX 0.98. LXi REIT PLC has a one year low of GBX 99.50 and a one year high of GBX 112.25. The stock’s market capitalization is GBX 203.77 million.
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Separately, Peel Hunt reaffirmed an “outperform (invtst)” rating on shares of LXi REIT PLC in a research report on Tuesday, September 19th.
About LXi REIT PLC
LXI REIT PLC is a United Kingdom-based company, which focuses on becoming a real estate investment trust (REIT). The Company intends to invest in the United Kingdom commercial property assets. The investment objective of the Company is to deliver inflation-protected income and capital growth over the medium-term for shareholders through investing in a diversified portfolio of the United Kingdom property that benefits from long-term index-linked leases with institutional-grade tenants.
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