KCR Residential REIT (LON:KCR) Shares Cross Below 50-Day Moving Average – What’s Next?

Shares of KCR Residential REIT (LON:KCR) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 8.66 and traded as low as GBX 8.60. KCR Residential REIT shares last traded at GBX 9.50, with a volume of 17 shares changing hands.

KCR Residential REIT Stock Performance

The stock has a market cap of £3.48 million, a price-to-earnings ratio of 10.57 and a beta of 0.18. The company has a debt-to-equity ratio of 112.83, a current ratio of 7.84 and a quick ratio of 6.14. The firm has a fifty day moving average of GBX 8.65 and a 200 day moving average of GBX 10.90.

KCR Residential REIT (LON:KCR) last issued its earnings results on Thursday, October 23rd. The company reported GBX 0.79 earnings per share (EPS) for the quarter. KCR Residential REIT had a negative return on equity of 9.29% and a negative net margin of 66.04%.

KCR Residential REIT Company Profile

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.