Supermarket Income REIT (LON:SUPR) Trading Down 1% - Time to Sell?

Key Points

• Supermarket Income REIT's stock price decreased by 1%, closing at GBX 81 ($1.09) during trading, with a notable decline in trading volume of 22% from its average.
• The firm's market capitalization is £1.01 billion, and it has various financial metrics, including a current ratio of 0.50 and a debt-to-equity ratio of 62.01.
• Insider buying activity was noted, with insiders purchasing a total of 104,945 shares at an average price of GBX 78 ($1.05) per share on July 24th.

Supermarket Income REIT (LON:SUPR - Get Free Report) shares fell 1% during trading on Tuesday . The company traded as low as GBX 81 ($1.10) and last traded at GBX 81 ($1.10). 3,808,000 shares changed hands during trading, a decline of 22% from the average session volume of 4,871,800 shares. The stock had previously closed at GBX 81.80 ($1.11).

Supermarket Income REIT Stock Down 2.6%

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 firm has a market cap of £984.64 million, a P/E ratio of -46.48, a PEG ratio of 15.09 and a beta of 0.31. The stock's 50-day simple moving average is GBX 82.14 and its 200 day simple moving average is GBX 77.65.

Insider Transactions at Supermarket Income REIT

In related news, insider Andrew Nicholas Hewson acquired 41,000 shares of the business's stock in a transaction dated Thursday, July 24th. The shares were bought at an average price of GBX 78 ($1.06) per share, with a total value of £31,980 ($43,268.84). Also, insider Sapna Shah bought 63,945 shares of the stock in a transaction that occurred on Thursday, July 24th. The stock was acquired at an average price of GBX 78 ($1.06) per share, for a total transaction of £49,877.10 ($67,483.56). 1.41% of the stock is owned by corporate insiders.

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.