Shares of Supermarket Income REIT (LON:SUPR - Get Free Report) traded up 0.6% during mid-day trading on Thursday . The stock traded as high as GBX 70.70 ($0.89) and last traded at GBX 70.40 ($0.89). 3,412,957 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 6,658,917 shares. The stock had previously closed at GBX 70 ($0.88).
Analysts Set New Price Targets
Separately, Shore Capital reissued a "hold" rating on shares of Supermarket Income REIT in a research note on Tuesday, November 5th.
View Our Latest Report on SUPR
Supermarket Income REIT Stock Performance
The company has a market capitalization of £890.94 million, a P/E ratio of -42.06, a PEG ratio of 15.09 and a beta of 0.31. The stock's fifty day moving average price is GBX 68.30 and its 200-day moving average price is GBX 71.42. The company has a debt-to-equity ratio of 62.01, a quick ratio of 1.95 and a current ratio of 0.50.
Supermarket Income REIT Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, January 30th will be paid a GBX 1.53 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, January 30th. This represents a yield of 2.32%. Supermarket Income REIT's dividend payout ratio is -352.93%.
Insider Activity
In related news, insider Roger Blundell purchased 100,000 shares of the firm's stock in a transaction that occurred on Thursday, January 16th. The shares were acquired at an average price of GBX 70 ($0.88) per share, for a total transaction of £70,000 ($88,061.39). Also, insider Sapna Shah acquired 19,237 shares of the business's stock in a transaction on Friday, December 20th. The shares were bought at an average price of GBX 68 ($0.86) per share, with a total value of £13,081.16 ($16,456.36). Insiders own 1.41% of the company's stock.
About Supermarket Income REIT
(
Get Free Report)
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
Further Reading
Before you consider Supermarket Income REIT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Supermarket Income REIT wasn't on the list.
While Supermarket Income REIT currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
