Supermarket Income REIT (LON:SUPR) Sets New 12-Month Low – Should You Sell?

Supermarket Income REIT (LON:SUPR)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 65.70 ($0.81) and last traded at GBX 65.80 ($0.81), with a volume of 3223708 shares changing hands. The stock had previously closed at GBX 67.60 ($0.83).

Analyst Upgrades and Downgrades

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

Supermarket Income REIT Price Performance

The stock has a market capitalization of £823.13 million, a price-to-earnings ratio of -3,292.50, a P/E/G ratio of 15.09 and a beta of 0.31. 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 simple moving average is GBX 69.22 and its 200-day simple moving average is GBX 72.46.

Insider Activity at Supermarket Income REIT

In other news, insider Andrew Nicholas Hewson bought 75,000 shares of Supermarket Income REIT stock in a transaction dated Wednesday, November 6th. The stock was bought at an average cost of GBX 69 ($0.85) per share, for a total transaction of £51,750 ($63,676.63). Also, insider Sapna Shah purchased 19,237 shares of the business’s stock in a transaction on Friday, December 20th. The stock was purchased at an average price of GBX 68 ($0.84) per share, for a total transaction of £13,081.16 ($16,095.93). 1.41% of the stock is currently owned by insiders.

About Supermarket Income REIT

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