Supermarket Income REIT (LON:SUPR) Stock Price Down 0.3% - Time to Sell?

Key Points

• Supermarket Income REIT shares fell 0.3% to GBX 83.75, with trading volume down 78% versus the average session.
• Analysts remain broadly positive: three rate the stock Buy and one Hold, producing a Moderate Buy consensus and an average price target of GBX 93.
• Recent insider activity was mixed, with purchases totaling 206,576 shares over 90 days, alongside a sale of 50,000 shares by an insider.

Supermarket Income REIT (LON:SUPR - Get Free Report) shares were down 0.3% on Friday . The stock traded as low as GBX 83 and last traded at GBX 83.75. 3,016,921 shares were traded during trading, a decline of 78% from the average session volume of 13,585,019 shares. The stock had previously closed at GBX 84.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SUPR shares. Jefferies Financial Group reissued a "buy" rating and set a GBX 89 price target on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. Peel Hunt raised Supermarket Income REIT to a "buy" rating and lifted their price objective for the stock from GBX 90 to GBX 100 in a report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Supermarket Income REIT has an average rating of "Moderate Buy" and an average target price of GBX 93.

Supermarket Income REIT Stock Performance

The stock has a market capitalization of £1.04 billion, a price-to-earnings ratio of 17.09, a PEG ratio of 15.09 and a beta of 0.59. The stock's 50 day moving average is GBX 86.26 and its 200 day moving average is GBX 84.40. The company has a current ratio of 1.73, a quick ratio of 1.95 and a debt-to-equity ratio of 80.37.

Insider Buying and Selling

In other Supermarket Income REIT news, insider Rob Abraham acquired 60,240 shares of the company's stock in a transaction dated Wednesday, July 15th. The stock was acquired at an average cost of GBX 83 per share, with a total value of £49,999.20. Also, insider Roger Blundell sold 50,000 shares of Supermarket Income REIT stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of GBX 86, for a total value of £43,000. Over the last ninety days, insiders have bought 206,576 shares of company stock valued at $17,145,808. 0.26% of the stock is owned by company insiders.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company dedicated to investing in grocery properties which are an essential part of national food infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and in-person sales and are let to leading supermarket operators in the UK and Europe. The Company's properties earn long-dated, secure, inflation-linked, growing income. SUPR targets a progressive dividend and the potential for long term capital growth.

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