Supermarket Income REIT (LON:SUPR) Trading Down 0.5% – Here’s What Happened

Supermarket Income REIT (LON:SUPR)’s share price traded down 0.5% during mid-day trading on Wednesday . The stock traded as low as GBX 75.70 ($0.98) and last traded at GBX 76 ($0.98). 4,471,922 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 5,613,491 shares. The stock had previously closed at GBX 76.40 ($0.99).

Supermarket Income REIT Trading Down 3.7 %

The stock has a market cap of £930.81 million, a P/E ratio of -43.94, a P/E/G ratio of 15.09 and a beta of 0.31. The company has a debt-to-equity ratio of 62.01, a current ratio of 0.50 and a quick ratio of 1.95. The firm’s 50 day moving average price is GBX 72.12 and its 200-day moving average price is GBX 71.13.

Supermarket Income REIT (LON:SUPR) last issued its earnings results on Wednesday, March 12th. The company reported GBX 3 ($0.04) EPS for the quarter. Supermarket Income REIT had a negative return on equity of 1.89% and a negative net margin of 19.76%. As a group, equities research analysts forecast that Supermarket Income REIT will post 6.0284281 earnings per share for the current year.

Supermarket Income REIT Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be issued a GBX 1.53 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 1.97%. Supermarket Income REIT’s payout ratio is -352.93%.

Insider Buying and Selling at Supermarket Income REIT

In other news, insider Roger Blundell acquired 100,000 shares of Supermarket Income REIT stock in a transaction that occurred on Thursday, January 16th. The stock was bought at an average price of GBX 70 ($0.90) per share, for a total transaction of £70,000 ($90,299.28). Company insiders own 1.41% of the company’s stock.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company’s supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography.

The Company’s assets earn long-dated, secure, inflation-linked, growing income.