Supermarket Income REIT (LON:SUPR) Sets New 52-Week Low – Time to Sell?

Supermarket Income REIT (LON:SUPR)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 65.30 ($0.80) and last traded at GBX 65.85 ($0.81), with a volume of 454708 shares. The stock had previously closed at GBX 65.60 ($0.81).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “hold” rating on shares of Supermarket Income REIT in a research report on Tuesday, November 5th.

Supermarket Income REIT Stock Performance

The company has a debt-to-equity ratio of 62.01, a quick ratio of 1.95 and a current ratio of 0.46. The stock has a 50 day moving average of GBX 68.92 and a 200 day moving average of GBX 72.18. The stock has a market capitalization of £821.25 million, a P/E ratio of -3,285.00, a P/E/G ratio of 15.09 and a beta of 0.31.

Supermarket Income REIT Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, January 30th will be given a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 2.32%. Supermarket Income REIT’s dividend payout ratio is currently -30,000.00%.

Insider Activity at Supermarket Income REIT

In other news, insider Sapna Shah purchased 19,237 shares of the stock in a transaction dated Friday, December 20th. The shares were bought at an average cost of GBX 68 ($0.84) per share, for a total transaction of £13,081.16 ($16,103.85). Also, insider Roger Blundell bought 100,000 shares of the stock in a transaction that occurred on Thursday, January 16th. The shares were purchased at an average cost of GBX 70 ($0.86) per share, for a total transaction of £70,000 ($86,175.06). Insiders have bought a total of 194,237 shares of company stock worth $13,483,116 in the last ninety days. 1.41% of the stock is owned by insiders.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc is a real estate investment trust (REIT) dedicated to investing in supermarket property forming a key part of the future model of UK grocery. It provides investors with long-dated, secure, inflation-linked income with capital appreciation potential over the longer term