Shares of Picton Property Income Limited (LON:PCTN - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 70.30 ($0.86) and traded as low as GBX 61.40 ($0.75). Picton Property Income shares last traded at GBX 62 ($0.76), with a volume of 914,053 shares.
Picton Property Income Price Performance
The business's fifty day simple moving average is GBX 65.87 and its 200 day simple moving average is GBX 70.26. The company has a debt-to-equity ratio of 43.63, a current ratio of 3.74 and a quick ratio of 2.25. The firm has a market capitalization of £340.13 million, a price-to-earnings ratio of -6,230.00 and a beta of 0.42.
Picton Property Income Announces Dividend
The company also recently announced a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 7th were paid a GBX 0.93 ($0.01) dividend. The ex-dividend date was Thursday, November 7th. This represents a dividend yield of 1.3%. Picton Property Income's payout ratio is -40,000.00%.
About Picton Property Income
(
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Established in 2005, Picton is listed on the main market of the London Stock Exchange and is a constituent of a number of EPRA indices including the FTSE EPRA Nareit Global Index.
Picton owns and actively manages a £718 million UK commercial property portfolio, invested across 48 assets and with around 350 occupiers (as at 30 June 2024).
Through an occupier focused, opportunity led approach, Picton aims to be one of the consistently best performing diversified UK REITs and has delivered upper quartile outperformance and a consistently higher income return than the MSCI Quarterly Property Index since launch.
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