Supermarket Income REIT (OTCMKTS:SUPIF) Stock Price Up 38.8% – Time to Buy?

Supermarket Income REIT plc (OTCMKTS:SUPIFGet Free Report) rose 38.8% during trading on Friday . The company traded as high as C$1.26 and last traded at C$1.11. Approximately 1,100 shares traded hands during trading, an increase of 94% from the average daily volume of 567 shares. The stock had previously closed at C$0.80.

Supermarket Income REIT Stock Performance

The firm’s 50 day moving average is C$0.96 and its 200-day moving average is C$1.04.

About Supermarket Income REIT

(Get Free Report)

Supermarket Income REIT (OTCMKTS:SUPIF) is a real estate investment trust focused on acquiring and managing supermarket properties across the United Kingdom. Established in 2017 and admitted to trading on the London Stock Exchange shortly thereafter, the company aims to deliver predictable income streams by investing in high-quality retail assets under long-term leases. Its strategy centers on securing properties occupied by leading supermarket operators to drive sustainable rental returns.

The company’s portfolio comprises freehold and leasehold supermarket sites let to tenants such as Tesco, Sainsbury’s, Co-op, and Marks & Spencer.

Read More

Receive News & Ratings for Supermarket Income REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Supermarket Income REIT and related companies with MarketBeat.com's FREE daily email newsletter.