Supermarket Income REIT (LON:SUPR) Trading Down 1.7% – What’s Next?

Supermarket Income REIT (LON:SUPR) was down 1.7% during trading on Thursday . The company traded as low as GBX 68.70 ($0.89) and last traded at GBX 69.30 ($0.90). Approximately 3,793,758 shares traded hands during trading, a decline of 36% from the average daily volume of 5,917,164 shares. The stock had previously closed at GBX 70.50 ($0.91).

Supermarket Income REIT Stock Up 3.3 %

The company’s 50-day moving average price is GBX 68.80 and its 200 day moving average price is GBX 71.04. The company has a debt-to-equity ratio of 62.01, a quick ratio of 1.95 and a current ratio of 0.50. The stock has a market capitalization of £892.18 million, a P/E ratio of -42.12, a P/E/G ratio of 15.09 and a beta of 0.31.

Supermarket Income REIT Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, January 30th were paid a GBX 1.53 ($0.02) dividend. This represents a yield of 2.32%. The ex-dividend date was Thursday, January 30th. Supermarket Income REIT’s payout ratio is -352.93%.

Insider Activity at Supermarket Income REIT

In other Supermarket Income REIT news, insider Sapna Shah acquired 19,237 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average price of GBX 68 ($0.88) per share, for a total transaction of £13,081.16 ($16,907.28). Also, insider Roger Blundell purchased 100,000 shares of the business’s stock in a transaction dated Thursday, January 16th. The stock was bought at an average price of GBX 70 ($0.90) per share, for a total transaction of £70,000 ($90,474.34). 1.41% of the stock is owned by insiders.

About Supermarket Income REIT

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company’s supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography.

The Company’s assets earn long-dated, secure, inflation-linked, growing income.