KCR Residential REIT (LON:KCR) Shares Pass Above Fifty Day Moving Average – Here’s Why

KCR Residential REIT (LON:KCRGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 9.17 ($0.13) and traded as high as GBX 12 ($0.16). KCR Residential REIT shares last traded at GBX 12 ($0.16), with a volume of 8 shares.

KCR Residential REIT Price Performance

The firm has a market cap of £4.79 million, a P/E ratio of -4.04 and a beta of 0.18. The firm’s fifty day moving average is GBX 9.17 and its 200 day moving average is GBX 8.60. The company has a debt-to-equity ratio of 112.83, a quick ratio of 6.14 and a current ratio of 7.84.

KCR Residential REIT (LON:KCRGet Free Report) last issued its quarterly earnings data on Monday, March 31st. The company reported GBX 1.04 ($0.01) earnings per share (EPS) for the quarter. KCR Residential REIT had a negative return on equity of 9.29% and a negative net margin of 66.04%.

KCR Residential REIT Company Profile

(Get Free Report)

KCR Residential REIT plc was admitted to AIM on the London Stock Exchange on 3 July 2015.

KCR’s objective is capitalise on its position as the first REIT specialising in residential property in the private rented sector (PRS) to build a substantial investment portfolio that generates secure income flow for shareholders through the acquisition of property SPVs.

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