KCR Residential REIT (LON:KCR) Shares Cross Below 50-Day Moving Average – Here’s Why

KCR Residential REIT (LON:KCRGet Free Report)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 8.59 ($0.11) and traded as low as GBX 8.50 ($0.11). KCR Residential REIT shares last traded at GBX 8.65 ($0.11), with a volume of 5,642 shares changing hands.

KCR Residential REIT Stock Up 1.8 %

The company has a quick ratio of 6.14, a current ratio of 1.68 and a debt-to-equity ratio of 100.43. The firm’s 50 day moving average is GBX 8.59 and its 200-day moving average is GBX 8.63. The firm has a market cap of £3.60 million, a PE ratio of -1,000.00 and a beta of 0.18.

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.

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