KCR Residential REIT (LON:KCR) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

KCR Residential REIT (LON:KCR) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 8.59 ($0.11) and traded as high as GBX 9 ($0.11). KCR Residential REIT shares last traded at GBX 9 ($0.11), with a volume of 1,198 shares traded.

KCR Residential REIT Trading Up 5.9 %

The stock has a market cap of £3.75 million, a P/E ratio of -1,000.00 and a beta of 0.18. The company has a current ratio of 1.68, a quick ratio of 6.14 and a debt-to-equity ratio of 100.43. The business’s fifty day simple moving average is GBX 8.59 and its 200 day simple moving average is GBX 8.60.

KCR Residential REIT Company Profile

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.