Supermarket Income REIT (LON:SUPR) Trading Down 1.7% - Time to Sell?

Shares of Supermarket Income REIT (LON:SUPR - Get Free Report) traded down 1.7% on Thursday . The stock traded as low as GBX 68.70 ($0.88) and last traded at GBX 69.30 ($0.89). 3,793,758 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 5,917,164 shares. The stock had previously closed at GBX 70.50 ($0.91).

Supermarket Income REIT Stock Up 1.7 %

The stock has a 50-day moving average price of GBX 68.95 and a 200-day moving average price of GBX 71.01. The company has a debt-to-equity ratio of 62.01, a current ratio of 0.50 and a quick ratio of 1.95. The company has a market capitalization of £905.76 million, a P/E ratio of -42.76, a P/E/G ratio of 15.09 and a beta of 0.31.

Supermarket Income REIT Announces Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, January 30th were issued a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date of this dividend was Thursday, January 30th. This represents a yield of 2.32%. Supermarket Income REIT's payout ratio is -352.93%.

Insider Transactions at Supermarket Income REIT

In other Supermarket Income REIT news, insider Sapna Shah acquired 19,237 shares of the company's stock in a transaction dated Friday, December 20th. The shares were bought at an average cost of GBX 68 ($0.88) per share, with a total value of £13,081.16 ($16,841.97). Also, insider Roger Blundell bought 100,000 shares of the business's stock in a transaction that occurred on Thursday, January 16th. The shares were acquired at an average price of GBX 70 ($0.90) per share, for a total transaction of £70,000 ($90,124.89). Corporate insiders own 1.41% of the company's stock.

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Supermarket Income REIT Company Profile

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