Prs Reit (LON:PRSR - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 92 ($1.20) and last traded at GBX 90 ($1.17), with a volume of 382225 shares traded. The stock had previously closed at GBX 88.20 ($1.15).
Prs Reit Stock Up 2.0 %
The business has a 50-day moving average price of GBX 80.38 and a two-hundred day moving average price of GBX 79.06. The company has a quick ratio of 0.39, a current ratio of 0.14 and a debt-to-equity ratio of 56.87. The firm has a market cap of £494.33 million, a PE ratio of 1,125.00, a price-to-earnings-growth ratio of 0.34 and a beta of 0.49.
Prs Reit Dividend Announcement
The firm also recently declared a dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 8th will be issued a GBX 1 ($0.01) dividend. This represents a yield of 1.22%. The ex-dividend date is Thursday, August 8th. Prs Reit's dividend payout ratio (DPR) is 5,000.00%.
Insider Buying and Selling
In other news, insider Stephen Smith purchased 60,000 shares of the business's stock in a transaction on Wednesday, June 26th. The shares were bought at an average price of GBX 77 ($1.00) per share, with a total value of £46,200 ($60,031.19). 6.66% of the stock is owned by company insiders.
About Prs Reit
(
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The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS") and to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company has investment of over £1bn in a portfolio of high-quality homes for private rental across the regions, having raised a total of £0.56bn (gross) through its Initial Public Offering, on 31 May 2017 and subsequent fundraisings in February 2018 and September 2021.
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