KCR Residential REIT (LON:KCR) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

KCR Residential REIT (LON:KCR)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 9.46 and traded as low as GBX 8. KCR Residential REIT shares last traded at GBX 8, with a volume of 5,149 shares.

KCR Residential REIT Stock Down 15.8%

The business’s 50 day moving average is GBX 10.12 and its 200 day moving average is GBX 9.46. The company has a market cap of £3.33 million, a P/E ratio of -6.90 and a beta of 0.18.

KCR Residential REIT (LON:KCR) last issued its quarterly earnings results on Tuesday, March 17th. The company reported GBX (0.91) earnings per share (EPS) for the quarter. KCR Residential REIT had a negative return on equity of 3.87% and a negative net margin of 23.79%.

About KCR Residential REIT

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. 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.