KCR Residential REIT (LON:KCR) Reaches New 52-Week Low – What’s Next?

KCR Residential REIT (LON:KCR – Get Free Report)’s share price reached a new 52-week low during trading on Wednesday. The stock traded as low as GBX 6 and last traded at GBX 6.30, with a volume of 15,004 shares changing hands. The stock had previously closed at GBX 6.75.

KCR Residential REIT Trading Down 6.7%

The firm has a fifty day moving average of GBX 8.09 and a 200 day moving average of GBX 8.41. The company has a market capitalization of £2.63 million, a P/E ratio of -5.43 and a beta of 0.32.

KCR Residential REIT Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for KCR Residential REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KCR Residential REIT and related companies with MarketBeat.com's FREE daily email newsletter.