KCR Residential REIT (LON:KCR) Hits New 52-Week Low – Should You Sell?

KCR Residential REIT (LON:KCR – Get Free Report) reached a new 52-week low on Thursday. The company traded as low as GBX 6 and last traded at GBX 6, with a volume of 250 shares traded. The stock had previously closed at GBX 7.

KCR Residential REIT Price Performance

The firm has a market capitalization of £2.50 million, a PE ratio of -5.17 and a beta of 0.32. The company has a fifty day moving average of GBX 8.32 and a 200-day moving average of GBX 8.56.

KCR Residential REIT Company Profile

(Get Free Report)

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.

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