KCR Residential REIT (LON:KCR – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 8.29 and traded as high as GBX 10. KCR Residential REIT shares last traded at GBX 10, with a volume of 180 shares.
KCR Residential REIT Stock Down 16.3%
The company has a 50 day moving average price of GBX 8.26 and a 200-day moving average price of GBX 9.36. The company has a market cap of £3.00 million, a price-to-earnings ratio of -6.21 and a beta of 0.32.
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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