Supermarket Income REIT (LON:SUPR) Reaches New 12-Month Low – Time to Sell?

Shares of Supermarket Income REIT (LON:SUPR) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 67.40 ($0.85) and last traded at GBX 67.97 ($0.85), with a volume of 1669302 shares changing hands. The stock had previously closed at GBX 68.90 ($0.87).

Analysts Set New Price Targets

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

Supermarket Income REIT Price Performance

The company has a debt-to-equity ratio of 62.01, a current ratio of 0.46 and a quick ratio of 1.95. The company’s 50-day moving average price is GBX 70.45 and its 200-day moving average price is GBX 72.98. The company has a market cap of £845.00 million, a P/E ratio of -3,380.00, a P/E/G ratio of 15.09 and a beta of 0.31.

Supermarket Income REIT Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 10th were issued a dividend of GBX 1.53 ($0.02) per share. This represents a yield of 2.03%. The ex-dividend date was Thursday, October 10th. This is a boost from Supermarket Income REIT’s previous dividend of $1.52. Supermarket Income REIT’s dividend payout ratio is -30,000.00%.

Insider Activity

In other Supermarket Income REIT news, insider Andrew Nicholas Hewson purchased 75,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were purchased at an average cost of GBX 69 ($0.87) per share, for a total transaction of £51,750 ($65,037.07). Corporate insiders own 1.41% of the company’s stock.

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