KCR Residential REIT (LON:KCR) Stock Passes Above Fifty Day Moving Average – Time to Sell?

KCR Residential REIT (LON:KCR)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 8.59 ($0.11) and traded as high as GBX 9 ($0.11). KCR Residential REIT shares last traded at GBX 9 ($0.11), with a volume of 13,930 shares trading hands.

KCR Residential REIT Stock Up 5.9 %

The company’s fifty day simple moving average is GBX 8.59 and its 200 day simple moving average is GBX 8.58. The company has a current ratio of 7.84, a quick ratio of 6.14 and a debt-to-equity ratio of 112.83. The firm has a market capitalization of £3.75 million, a P/E ratio of -3.16 and a beta of 0.18.

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.