Supermarket Income REIT (LON:SUPR) Sets New 1-Year Low – What’s Next?

Supermarket Income REIT (LON:SUPR) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 65.70 ($0.81) and last traded at GBX 65.80 ($0.81), with a volume of 3223708 shares traded. The stock had previously closed at GBX 67.60 ($0.83).

Analysts Set New Price Targets

Separately, Shore Capital restated a “hold” rating on shares of Supermarket Income REIT in a research report on Tuesday, November 5th.

Supermarket Income REIT Stock Performance

The company has a current ratio of 0.46, a quick ratio of 1.95 and a debt-to-equity ratio of 62.01. The company has a market capitalization of £823.13 million, a price-to-earnings ratio of -3,292.50, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31. The stock has a 50-day simple moving average of GBX 69.22 and a 200-day simple moving average of GBX 72.46.

Insider Buying and Selling at Supermarket Income REIT

In other Supermarket Income REIT news, insider Andrew Nicholas Hewson bought 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were acquired at an average cost of GBX 69 ($0.85) per share, for a total transaction of £51,750 ($63,676.63). Also, insider Sapna Shah purchased 19,237 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was acquired at an average price of GBX 68 ($0.84) per share, for a total transaction of £13,081.16 ($16,095.93). 1.41% of the stock is currently owned by insiders.

About Supermarket Income REIT

Supermarket Income REIT plc is a real estate investment trust (REIT) dedicated to investing in supermarket property forming a key part of the future model of UK grocery. It provides investors with long-dated, secure, inflation-linked income with capital appreciation potential over the longer term