KCR Residential REIT (LON:KCR) Shares Down 1.2% – Should You Sell?

KCR Residential REIT (LON:KCR)’s share price fell 1.2% during mid-day trading on Wednesday . The company traded as low as GBX 8 and last traded at GBX 8. 25,023 shares traded hands during trading, a decline of 64% from the average session volume of 69,340 shares. The stock had previously closed at GBX 8.10.

KCR Residential REIT Price Performance

The business has a 50-day moving average price of GBX 9.41 and a two-hundred day moving average price of GBX 9.39. The company has a market capitalization of £3.38 million, a price-to-earnings ratio of -6.98 and a beta of 0.18.

KCR Residential REIT (LON:KCR) last announced its quarterly earnings results on Tuesday, March 17th. The company reported GBX (0.91) earnings per share (EPS) for the quarter. KCR Residential REIT had a negative return on equity of 3.87% and a negative net margin of 23.79%.

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.