Supermarket Income REIT (LON:SUPR) Hits New 1-Year Low – Time to Sell?

Supermarket Income REIT (LON:SUPR)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 65.30 ($0.82) and last traded at GBX 65.85 ($0.82), with a volume of 454708 shares trading hands. The stock had previously closed at GBX 65.60 ($0.82).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “hold” rating on shares of Supermarket Income REIT in a research report on Tuesday, November 5th.

Supermarket Income REIT Stock Down 0.1 %

The company has a quick ratio of 1.95, a current ratio of 0.46 and a debt-to-equity ratio of 62.01. The firm has a 50 day moving average of GBX 68.82 and a two-hundred day moving average of GBX 72.07. The firm has a market capitalization of £823.05 million, a price-to-earnings ratio of -3,292.20, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31.

Supermarket Income REIT Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, January 30th will be paid a GBX 1.53 ($0.02) dividend. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 2.32%. Supermarket Income REIT’s payout ratio is currently -30,000.00%.

Insider Buying and Selling

In other news, insider Roger Blundell purchased 100,000 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were purchased at an average cost of GBX 70 ($0.87) per share, with a total value of £70,000 ($87,401.67). Also, insider Sapna Shah acquired 19,237 shares of the stock in a transaction dated Friday, December 20th. The stock was purchased at an average cost of GBX 68 ($0.85) per share, with a total value of £13,081.16 ($16,333.08). Insiders purchased a total of 194,237 shares of company stock worth $13,483,116 in the last three months. 1.41% of the stock is owned by corporate insiders.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc is a real estate investment trust (REIT) dedicated to investing in supermarket property forming a key part of the future model of UK grocery. It provides investors with long-dated, secure, inflation-linked income with capital appreciation potential over the longer term