Supermarket Income REIT (LON:SUPR) Trading Down 0.4% – Time to Sell?

Posted by Doug Wharley on Dec 7th, 2024

Supermarket Income REIT (LON:SUPR – Get Free Report) shares traded down 0.4% on Thursday . The stock traded as low as GBX 69.60 ($0.89) and last traded at GBX 70.50 ($0.90). 3,592,434 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 3,332,091 shares. The stock had previously closed at GBX 70.80 ($0.90).

Analyst Upgrades and Downgrades

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

Get Our Latest Analysis on SUPR

Supermarket Income REIT Stock Performance

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 business has a 50 day moving average price of GBX 71.40 and a 200 day moving average price of GBX 73.30. The stock has a market cap of £887.50 million, a P/E ratio of -3,550.00, a PEG ratio of 15.09 and a beta of 0.31.

Supermarket Income REIT Increases Dividend

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

Insider Transactions at Supermarket Income REIT

In related news, insider Andrew Nicholas Hewson bought 75,000 shares of Supermarket Income REIT stock in a transaction dated Wednesday, November 6th. The shares were acquired at an average cost of GBX 69 ($0.88) per share, with a total value of £51,750 ($65,973.99). Corporate insiders own 1.41% of the company’s stock.

About Supermarket Income REIT

(Get Free Report)

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.