KCR Residential REIT (LON:KCR) Trading 17.4% Higher – Should You Buy?

KCR Residential REIT (LON:KCR) shares were up 17.4% during trading on Tuesday . The company traded as high as GBX 9.95 and last traded at GBX 9.95. Approximately 71,330 shares were traded during trading, an increase of 408% from the average daily volume of 14,038 shares. The stock had previously closed at GBX 8.48.

KCR Residential REIT Stock Up 17.4%

The company has a debt-to-equity ratio of 112.83, a current ratio of 7.84 and a quick ratio of 6.14. The stock has a market capitalization of £4.15 million, a P/E ratio of 12.59 and a beta of 0.18. The firm has a 50 day moving average of GBX 8.38 and a 200-day moving average of GBX 10.50.

KCR Residential REIT (LON:KCR) last announced its earnings results on Thursday, October 23rd. The company reported GBX 0.79 EPS for the quarter. KCR Residential REIT had a negative net margin of 66.04% and a negative return on equity of 9.29%.

KCR Residential REIT Company Profile

KCR Residential REIT plc was admitted to AIM on the London Stock Exchange on 3 July 2015.

KCR’s objective is capitalise on its position as the first REIT specialising in residential property in the private rented sector (PRS) to build a substantial investment portfolio that generates secure income flow for shareholders through the acquisition of property SPVs. KCR intends to achieve this objective by acquiring, improving and managing residential property assets in areas in the UK that have potential for growth in rental and capital values.