KCR Residential REIT (LON:KCR) Reaches New 12-Month Low – Time to Sell?

KCR Residential REIT (LON:KCR) shares reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as GBX 6 and last traded at GBX 6.30, with a volume of 15,004 shares. The stock had previously closed at GBX 6.75.

KCR Residential REIT Stock Down 6.7%

The firm has a market capitalization of £2.63 million, a P/E ratio of -5.43 and a beta of 0.32. The company has a fifty day simple moving average of GBX 8.05 and a 200 day simple moving average of GBX 8.39.

KCR Residential REIT (LON:KCR) last issued its earnings results on Thursday, October 22nd. The company reported GBX (6.95) 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%.

About KCR Residential REIT

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.