KCR Residential REIT (LON:KCR – Get Free Report) fell 12.2% during mid-day trading on Friday . The stock traded as low as GBX 9 and last traded at GBX 9. 56,028 shares were traded during mid-day trading, an increase of 310% from the average session volume of 13,658 shares. The stock had previously closed at GBX 10.25.
KCR Residential REIT Price Performance
The stock has a market capitalization of £3.75 million, a price-to-earnings ratio of 11.39 and a beta of 0.18. The company has a 50-day simple moving average of GBX 10.13 and a two-hundred day simple moving average of GBX 10.17.
KCR Residential REIT Company Profile
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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