KCR Residential REIT (LON:KCR) Stock Crosses Above 50 Day Moving Average – Time to Sell?

KCR Residential REIT (LON:KCRGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 9.16 and traded as high as GBX 12. KCR Residential REIT shares last traded at GBX 12, with a volume of 9 shares trading hands.

KCR Residential REIT Price Performance

The firm has a market cap of £5.00 million, a price-to-earnings ratio of 15.19 and a beta of 0.18. 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 stock’s fifty day moving average price is GBX 9.16 and its 200-day moving average price is GBX 10.23.

About KCR Residential REIT

(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.

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