KCR Residential REIT (LON:KCR) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

KCR Residential REIT (LON:KCR) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 8.66 and traded as low as GBX 8.60. KCR Residential REIT shares last traded at GBX 9.50, with a volume of 17 shares traded.

KCR Residential REIT Price Performance

The company has a 50-day moving average of GBX 8.66 and a 200-day moving average of GBX 10.91. The company has a debt-to-equity ratio of 112.83, a quick ratio of 6.14 and a current ratio of 7.84. The firm has a market capitalization of £3.96 million, a price-to-earnings ratio of 12.03 and a beta of 0.18.

KCR Residential REIT (LON:KCR) last announced its quarterly earnings results on Thursday, October 23rd. The company reported GBX 0.79 earnings per share for the quarter. KCR Residential REIT had a negative net margin of 66.04% and a negative return on equity of 9.29%.

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. 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.