Supermarket Income REIT (LON:SUPR) Sets New 12-Month Low – What’s Next?

Shares of Supermarket Income REIT (LON:SUPR) hit a new 52-week low on Wednesday . The stock traded as low as GBX 68.10 ($0.88) and last traded at GBX 68.27 ($0.88), with a volume of 1823480 shares trading hands. The stock had previously closed at GBX 68.80 ($0.89).

Analyst Ratings Changes

Separately, Shore Capital restated a “hold” rating on shares of Supermarket Income REIT in a report on Tuesday, November 5th.

Supermarket Income REIT Price Performance

The company has a debt-to-equity ratio of 62.01, a current ratio of 0.46 and a quick ratio of 1.95. The company has a market capitalization of £850.00 million, a PE ratio of -3,400.00, a PEG ratio of 15.09 and a beta of 0.31. The firm has a 50-day moving average of GBX 73.18 and a 200 day moving average of GBX 73.73.

Supermarket Income REIT Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 10th will be given a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date of this dividend is Thursday, October 10th. This is a boost from Supermarket Income REIT’s previous dividend of $1.52. This represents a dividend yield of 2.03%. Supermarket Income REIT’s dividend payout ratio (DPR) is -30,000.00%.

Insider Activity at Supermarket Income REIT

In other news, insider Andrew Nicholas Hewson bought 75,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were bought at an average price of GBX 69 ($0.89) per share, with a total value of £51,750 ($66,593.75). 1.41% of the stock is currently owned by insiders.

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.