KCR Residential REIT (LON:KCR) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

KCR Residential REIT (LON:KCRGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 8.52 and traded as low as GBX 7.20. KCR Residential REIT shares last traded at GBX 7.20, with a volume of 600 shares traded.

KCR Residential REIT Stock Down 16.3%

The firm has a market capitalization of £3.00 million, a P/E ratio of -6.21 and a beta of 0.32. The firm’s 50-day simple moving average is GBX 8.52 and its 200-day simple moving average is GBX 9.41.

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.

Featured Articles

Receive News & Ratings for KCR Residential REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KCR Residential REIT and related companies with MarketBeat.com's FREE daily email newsletter.