Supermarket Income REIT (LON:SUPR) Reaches New 1-Year Low – Here’s What Happened

Posted by Irma Garcia on Nov 13th, 2024

Supermarket Income REIT (LON:SUPR – Get Free Report) shares reached a new 52-week low on Wednesday . The company 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).

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on SUPR

Supermarket Income REIT Stock Performance

The stock has a fifty day moving average price of GBX 73.41 and a two-hundred day moving average price of GBX 73.80. The company has a market cap of £853.35 million, a P/E ratio of -3,440.00, a PEG ratio of 15.09 and a beta of 0.31. The company has a debt-to-equity ratio of 62.01, a current ratio of 0.46 and a quick ratio of 1.95.

Supermarket Income REIT Increases Dividend

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

Insider Buying and Selling

In other news, insider Andrew Nicholas Hewson bought 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The shares were purchased 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 owned by corporate insiders.

Supermarket Income REIT Company Profile

(Get Free Report)

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.