KCR Residential REIT (LON:KCR – Get Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 8.33 and traded as high as GBX 10. KCR Residential REIT shares last traded at GBX 10, with a volume of 170 shares changing hands.
KCR Residential REIT Price Performance
The firm has a market cap of £4.17 million, a PE ratio of -8.62 and a beta of 0.32. The business has a 50-day moving average price of GBX 8.33 and a two-hundred day moving average price of GBX 9.31.
About KCR Residential REIT
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. KCR intends to achieve this objective by acquiring, improving and managing residential property assets in areas in the UK that have potential for growth in rental and capital values.
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