KCR Residential REIT (LON:KCR) Trading Up 22.1% – Still a Buy?

KCR Residential REIT (LON:KCR) shot up 22.1% during trading on Tuesday . The company traded as high as GBX 8.24 and last traded at GBX 8.24. 120,000 shares traded hands during mid-day trading, an increase of 621% from the average session volume of 16,634 shares. The stock had previously closed at GBX 6.75.

KCR Residential REIT Stock Up 22.1%

The company has a current ratio of 7.84, a quick ratio of 6.14 and a debt-to-equity ratio of 112.83. The company has a 50 day simple moving average of GBX 10.27 and a two-hundred day simple moving average of GBX 10.85. The firm has a market capitalization of £3.43 million, a P/E ratio of 10.43 and a beta of 0.18.

KCR Residential REIT (LON:KCR) last released its quarterly earnings data on Thursday, October 23rd. The company reported GBX 0.79 earnings per share (EPS) for the quarter. KCR Residential REIT had a negative net margin of 66.04% and a negative return on equity of 9.29%.

KCR Residential REIT Company Profile

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.