KCR Residential REIT (LON:KCR – Get Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 8.52 and traded as low as GBX 7.20. KCR Residential REIT shares last traded at GBX 7.20, with a volume of 600 shares changing hands.
KCR Residential REIT Price Performance
The company has a market cap of £3.00 million, a price-to-earnings ratio of -6.21 and a beta of 0.32. The business’s fifty day moving average price is GBX 8.47 and its 200 day moving average price is GBX 9.40.
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.
Recommended Stories
- Five stocks we like better than KCR Residential REIT
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for KCR Residential REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KCR Residential REIT and related companies with MarketBeat.com's FREE daily email newsletter.
