Supermarket Income REIT (LON:SUPR) Stock Price Up 0.6% – What’s Next?

Supermarket Income REIT (LON:SUPR) shares rose 0.6% on Thursday . The stock traded as high as GBX 70.70 ($0.89) and last traded at GBX 70.40 ($0.89). Approximately 3,412,957 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 6,658,917 shares. The stock had previously closed at GBX 70 ($0.88).

Analyst Ratings Changes

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

Supermarket Income REIT Price Performance

The company’s fifty day moving average is GBX 68.30 and its 200 day moving average is GBX 71.42. The stock has a market cap of £885.95 million, a PE ratio of -41.82, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31. The company has a quick ratio of 1.95, a current ratio of 0.50 and a debt-to-equity ratio of 62.01.

Supermarket Income REIT Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 30th will be given a GBX 1.53 ($0.02) dividend. This represents a yield of 2.32%. The ex-dividend date of this dividend is Thursday, January 30th. Supermarket Income REIT’s dividend payout ratio (DPR) is presently -352.93%.

Insider Buying and Selling

In other Supermarket Income REIT news, insider Roger Blundell bought 100,000 shares of the business’s stock in a transaction on Thursday, January 16th. The shares were bought at an average cost of GBX 70 ($0.88) per share, with a total value of £70,000 ($88,105.73). Also, insider Sapna Shah purchased 19,237 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average cost of GBX 68 ($0.86) per share, for a total transaction of £13,081.16 ($16,464.64). 1.41% of the stock is currently owned by corporate 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