Shares of KCR Residential REIT (LON:KCR – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 8.44 and traded as high as GBX 9.50. KCR Residential REIT shares last traded at GBX 7.20, with a volume of 27 shares.
KCR Residential REIT Trading Down 13.8%
The firm has a market capitalization of £3.00 million, a PE ratio of -6.21 and a beta of 0.32. The firm has a 50-day moving average of GBX 8.44 and a two-hundred day moving average of GBX 8.91.
About KCR Residential REIT
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.
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