KCR Residential REIT (LON:KCR) Trading Down 1.2% – Time to Sell?

KCR Residential REIT (LON:KCRGet Free Report) shares fell 1.2% during mid-day trading on Wednesday . The stock traded as low as GBX 8 and last traded at GBX 8. 25,023 shares traded hands during trading, a decline of 64% from the average session volume of 69,340 shares. The stock had previously closed at GBX 8.10.

KCR Residential REIT Trading Down 1.2%

The firm has a market cap of £3.33 million, a P/E ratio of -6.90 and a beta of 0.18. The company’s 50 day simple moving average is GBX 9.47 and its 200-day simple moving average is GBX 9.41.

KCR Residential REIT (LON:KCRGet Free Report) last posted its 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 net margin of 23.79% and a negative return on equity of 3.87%.

About KCR Residential REIT

(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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