Supermarket Income REIT (LON:SUPR) Shares Down 1% - What's Next?

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)'s stock price was down 1% during trading on Tuesday . The company traded as low as GBX 81 ($1.10) and last traded at GBX 81 ($1.10). Approximately 3,808,000 shares changed hands during mid-day trading, a decline of 22% from the average daily 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 business's fifty day moving average price is GBX 82.07 and its 200 day moving average price is GBX 77.80. 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 capitalization of £984.64 million, a PE ratio of -46.48, a PEG ratio of 15.09 and a beta of 0.31.

Insider Transactions at Supermarket Income REIT

In other news, insider Andrew Nicholas Hewson purchased 41,000 shares of the business's stock in a transaction that occurred on Thursday, July 24th. The stock was purchased at an average cost of GBX 78 ($1.06) per share, with a total value of £31,980 ($43,345.08). Also, insider Sapna Shah purchased 63,945 shares of the business's stock in a transaction that occurred on Thursday, July 24th. The shares were purchased at an average cost of GBX 78 ($1.06) per share, with a total value of £49,877.10 ($67,602.47). 1.41% of the stock is currently owned by corporate insiders.

Supermarket Income REIT Company Profile

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.