Free Trial

Picton Property Income (LON:PCTN) Shares Cross Below Two Hundred Day Moving Average - What's Next?

Picton Property Income logo with Real Estate background

Shares of Picton Property Income Limited (LON:PCTN - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 70.78 ($0.91) and traded as low as GBX 66.20 ($0.85). Picton Property Income shares last traded at GBX 66.70 ($0.86), with a volume of 1,078,903 shares traded.

Picton Property Income Price Performance

The company has a market cap of £370.16 million, a PE ratio of -6,780.00 and a beta of 0.42. The company has a debt-to-equity ratio of 43.63, a quick ratio of 2.25 and a current ratio of 3.74. The stock has a 50 day moving average of GBX 72.54 and a 200-day moving average of GBX 70.76.

Picton Property Income Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 7th will be paid a GBX 0.93 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a yield of 1.3%. Picton Property Income's dividend payout ratio (DPR) is -40,000.00%.

Picton Property Income Company Profile

(Get Free Report)

Picton, established in 2005, is a UK REIT. It owns and actively manages a £757 million diversified UK commercial property portfolio, invested across 49 assets and with around 400 occupiers (as at 30 September 2023). Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing diversified UK focused property companies listed on the main market of the London Stock Exchange.

Further Reading

Should you invest $1,000 in Picton Property Income right now?

Before you consider Picton Property Income, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Picton Property Income wasn't on the list.

While Picton Property Income currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own in 2025 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Oracle’s Cloud Shift Pays Off: Will Momentum Continue?

Oracle’s Cloud Shift Pays Off: Will Momentum Continue?

Analysts boosting their targets. Find out how Oracle’s cloud push is reshaping its business and driving new growth opportunities.

Related Videos

3 Momentum Stock Picks With Room to Run

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines