Supermarket Income REIT (LON:SUPR) Shares Up 0.2% - Time to Buy?

Supermarket Income REIT (LON:SUPR - Get Free Report) shot up 0.2% during trading on Tuesday . The company traded as high as GBX 82.50 ($1.11) and last traded at GBX 82.10 ($1.11). 2,658,673 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 5,001,200 shares. The stock had previously closed at GBX 81.90 ($1.11).

Supermarket Income REIT Price Performance

The firm has a market cap of £984.39 million, a price-to-earnings ratio of -46.47, a PEG ratio of 15.09 and a beta of 0.31. The company has a quick ratio of 1.95, a current ratio of 0.50 and a debt-to-equity ratio of 62.01. The company's 50-day moving average price is GBX 82.20 and its 200-day moving average price is GBX 76.28.

About Supermarket Income REIT

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company's supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography. The Company's assets earn long-dated, secure, inflation-linked, growing income.