Supermarket Income REIT (LON:SUPR) Stock Price Up 1.6%

Supermarket Income REIT (LON:SUPR)’s stock price rose 1.6% during mid-day trading on Tuesday . The stock traded as high as GBX 75.20 ($0.94) and last traded at GBX 74.90 ($0.94). Approximately 4,706,154 shares changed hands during trading, an increase of 87% from the average daily volume of 2,515,294 shares. The stock had previously closed at GBX 73.70 ($0.93).

Analyst Ratings Changes

SUPR has been the topic of several research analyst reports. Shore Capital restated a “hold” rating on shares of Supermarket Income REIT in a report on Friday, March 22nd. Berenberg Bank reaffirmed a “hold” rating and set a GBX 81 ($1.02) price objective on shares of Supermarket Income REIT in a research report on Thursday, February 8th.

Supermarket Income REIT Trading Up 1.6 %

The company has a quick ratio of 1.95, a current ratio of 1.81 and a debt-to-equity ratio of 54.81. The company’s fifty day moving average price is GBX 75.23 and its two-hundred day moving average price is GBX 78.70. The company has a market cap of £936.25 million, a price-to-earnings ratio of -624.17, a price-to-earnings-growth ratio of 15.09 and a beta of 0.28.

Supermarket Income REIT Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, May 16th. Shareholders of record on Thursday, April 11th will be issued a GBX 1.52 ($0.02) dividend. The ex-dividend date is Thursday, April 11th. This represents a yield of 1.99%. Supermarket Income REIT’s dividend payout ratio (DPR) is presently -5,000.00%.

Insiders Place Their Bets

In other Supermarket Income REIT news, insider Sapna Shah purchased 41,130 shares of the business’s stock in a transaction on Friday, March 22nd. The shares were purchased at an average cost of GBX 78 ($0.98) per share, with a total value of £32,081.40 ($40,303.27). In other news, insider Sapna Shah acquired 41,130 shares of the stock in a transaction dated Friday, March 22nd. The shares were bought at an average cost of GBX 78 ($0.98) per share, for a total transaction of £32,081.40 ($40,303.27). Also, insider Andrew Nicholas Hewson purchased 67,300 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The stock was bought at an average price of GBX 75 ($0.94) per share, for a total transaction of £50,475 ($63,410.80). Company insiders own 1.28% of the company’s stock.

Supermarket Income REIT Company Profile

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.