KCR Residential REIT (LON:KCR) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

KCR Residential REIT (LON:KCR)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 8.18 ($0.11) and traded as high as GBX 12 ($0.16). KCR Residential REIT shares last traded at GBX 12 ($0.16), with a volume of 16,832 shares traded.

KCR Residential REIT Price Performance

The company has a debt-to-equity ratio of 112.83, a quick ratio of 6.14 and a current ratio of 7.84. The company has a 50-day moving average of GBX 8.18 and a 200-day moving average of GBX 8.34. The stock has a market capitalization of £5.00 million, a price-to-earnings ratio of -4.21 and a beta of 0.18.

KCR Residential REIT (LON:KCR) last released its quarterly earnings results on Monday, March 31st. The company reported GBX 1.04 ($0.01) earnings per share for the quarter. KCR Residential REIT had a negative return on equity of 9.29% and a negative net margin of 66.04%.

KCR Residential REIT Company Profile

KCR Residential REIT plc was admitted to AIM on the London Stock Exchange on 3 July 2015.

KCR’s objective is capitalise on its position as the first REIT specialising in residential property in the private rented sector (PRS) to build a substantial investment portfolio that generates secure income flow for shareholders through the acquisition of property SPVs.