Supermarket Income REIT (LON:SUPR) Stock Price Down 0.3% – What’s Next?

Supermarket Income REIT (LON:SUPR)’s share price traded down 0.3% on Friday . The company traded as low as GBX 83 and last traded at GBX 83.75. Approximately 3,016,921 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 13,585,019 shares. The stock had previously closed at GBX 84.

Analyst Ratings Changes

SUPR has been the topic of a number of research reports. Peel Hunt raised shares of Supermarket Income REIT to a “buy” rating and boosted their target price for the stock from GBX 90 to GBX 100 in a report on Wednesday, August 5th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 89 price target on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 93.

Supermarket Income REIT Stock Performance

The company’s fifty day moving average price is GBX 86.26 and its 200 day moving average price is GBX 84.40. The company has a debt-to-equity ratio of 80.37, a current ratio of 1.73 and a quick ratio of 1.95. The company has a market cap of £1.04 billion, a PE ratio of 17.09, a P/E/G ratio of 15.09 and a beta of 0.59.

Insider Buying and Selling at Supermarket Income REIT

In other Supermarket Income REIT news, insider Mike Perkins acquired 12,048 shares of the business’s stock in a transaction on Wednesday, July 15th. The shares were acquired at an average price of GBX 83 per share, with a total value of £9,999.84. Also, insider Roger Blundell sold 50,000 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of GBX 86, for a total transaction of £43,000. Insiders purchased a total of 206,576 shares of company stock valued at $17,145,808 in the last ninety days. 0.26% of the stock is owned by corporate insiders.

About Supermarket Income REIT

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company dedicated to investing in grocery properties which are an essential part of national food infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and in-person sales and are let to leading supermarket operators in the UK and Europe.

The Company’s properties earn long-dated, secure, inflation-linked, growing income. SUPR targets a progressive dividend and the potential for long term capital growth.