Supermarket Income REIT (LON:SUPR - Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as GBX 68.10 ($0.88) and last traded at GBX 68.27 ($0.88), with a volume of 1823480 shares changing hands. The stock had previously closed at GBX 68.80 ($0.89).
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "hold" rating on shares of Supermarket Income REIT in a report on Tuesday, November 5th.
View Our Latest Research Report on SUPR
Supermarket Income REIT Trading Down 1.5 %
The company's 50 day moving average price is GBX 73.41 and its two-hundred day moving average price is GBX 73.80. The firm has a market cap of £847.50 million, a PE ratio of -3,413.40, a P/E/G 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.
Supermarket Income REIT Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 10th will be paid a GBX 1.53 ($0.02) dividend. This represents a yield of 2.03%. The ex-dividend date is Thursday, October 10th. This is an increase from Supermarket Income REIT's previous dividend of $1.52. Supermarket Income REIT's dividend payout ratio (DPR) is currently -30,000.00%.
Insider Activity
In other news, insider Andrew Nicholas Hewson purchased 75,000 shares of the company's stock in a transaction dated Wednesday, November 6th. The shares were acquired at an average price of GBX 69 ($0.89) per share, with a total value of £51,750 ($66,593.75). Insiders own 1.41% of the company's stock.
About Supermarket Income REIT
(
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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.
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