KCR Residential REIT (LON:KCR – Get Free Report)’s share price passed 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 traded.
KCR Residential REIT Trading Down 28.0%
The firm has a market capitalization of £3.00 million, a price-to-earnings ratio of -6.21 and a beta of 0.32. The firm has a 50 day moving average price of GBX 8.29 and a two-hundred day moving average price of GBX 9.38.
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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