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

Supermarket Income REIT (LON:SUPR)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 65.70 ($0.82) and last traded at GBX 65.80 ($0.82), with a volume of 3223708 shares changing hands. The stock had previously closed at GBX 67.60 ($0.84).

Analyst Upgrades and Downgrades

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

Supermarket Income REIT Stock Down 2.5 %

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 stock has a market cap of £823.63 million, a price-to-earnings ratio of -3,294.50, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31. The firm’s 50-day moving average is GBX 69.43 and its 200 day moving average is GBX 72.53.

Insider Activity

In related news, insider Sapna Shah purchased 19,237 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was purchased at an average price of GBX 68 ($0.85) per share, for a total transaction of £13,081.16 ($16,318.81). Also, insider Andrew Nicholas Hewson bought 75,000 shares of Supermarket Income REIT stock in a transaction dated Wednesday, November 6th. The shares were purchased at an average cost of GBX 69 ($0.86) per share, for a total transaction of £51,750 ($64,558.38). Corporate insiders own 1.41% of the company’s stock.

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