KCR Residential REIT (LON:KCR) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

KCR Residential REIT (LON:KCR) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 9.03 and traded as low as GBX 7.50. KCR Residential REIT shares last traded at GBX 9, with a volume of 26 shares changing hands.

KCR Residential REIT Stock Performance

The firm has a market cap of £3.75 million, a P/E ratio of -7.76 and a beta of 0.18. The business has a 50-day simple moving average of GBX 9.03 and a 200 day simple moving average of GBX 9.40.

KCR Residential REIT (LON:KCR) last announced its 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.