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

Supermarket Income REIT (LON:SUPR) hit a new 52-week low on Wednesday . The company traded as low as GBX 69.50 ($0.90) and last traded at GBX 69.65 ($0.91), with a volume of 12530113 shares changing hands. The stock had previously closed at GBX 69.70 ($0.91).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “hold” rating on shares of Supermarket Income REIT in a research note on Tuesday.

Supermarket Income REIT Trading Up 0.1 %

The firm has a market capitalization of £871.25 million, a PE ratio of -3,495.00, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31. The company has a quick ratio of 1.95, a current ratio of 0.46 and a debt-to-equity ratio of 62.01. The company’s 50-day simple moving average is GBX 73.68 and its 200 day simple moving average is GBX 73.88.

Supermarket Income REIT Increases Dividend

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

Insider Transactions at Supermarket Income REIT

In other Supermarket Income REIT news, insider Andrew Nicholas Hewson bought 75,000 shares of Supermarket Income REIT stock in a transaction that occurred on Wednesday, November 6th. The shares were bought at an average cost of GBX 69 ($0.90) per share, with a total value of £51,750 ($67,365.27). Insiders own 1.41% of the company’s stock.

About Supermarket Income REIT

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