The stock of K&C Reit PLC (LON:KCR) is a huge mover today! The stock closed at GBX 6 during the last session. It is down 14.29% since April 19, 2016 and is downtrending. It has underperformed by 18.72% the S&P500.
The move comes after 6 months negative chart setup for the GBX 2.44 million company. It was reported on Nov, 18 by Barchart.com. We have GBX 5.40 PT which if reached, will make LON:KCR worth GBX 244,000 less.
K&C REIT plc is a United Kingdom real estate investment trust (REIT) focused on the central London residential market. The company has a market cap of 2.44 million GBP. The Company’s objective is to build a residential property portfolio through the acquisition of special purpose vehicles (SPVs) with capital gains. It has a 0.38 P/E ratio. It focuses on acquiring, developing and managing residential property assets.
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