Prs Reit (LON:PRSR) Hits New 52-Week High – What’s Next?

Prs Reit (LON:PRSRGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 111.40 ($1.37) and last traded at GBX 109.40 ($1.35), with a volume of 454927 shares. The stock had previously closed at GBX 110.40 ($1.36).

Prs Reit Trading Down 0.4 %

The firm has a 50 day simple moving average of GBX 106.22 and a 200 day simple moving average of GBX 97.38. The company has a debt-to-equity ratio of 60.00, a quick ratio of 0.39 and a current ratio of 0.58. The firm has a market cap of £598.68 million, a P/E ratio of 990.91, a P/E/G ratio of 0.34 and a beta of 0.55.

Prs Reit Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 14th were paid a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, November 14th. This represents a yield of 0.95%. Prs Reit’s dividend payout ratio is currently 3,636.36%.

Prs Reit Company Profile

(Get Free Report)

www.theprsreit.com
The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector (“PRS”). It aims to provide shareholders with an attractive level of income together with the potential for capital and income growth.

The Company is investing over £1bn in a portfolio of high-quality homes for private rental, mainly across the major regions of England.

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