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Prs Reit (LON:PRSR) Reaches New 12-Month High - Still a Buy?

Prs Reit logo with Real Estate background
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Prs Reit (LON:PRSR - Get Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 116.40 ($1.50) and last traded at GBX 115.40 ($1.49), with a volume of 301911 shares changing hands. The stock had previously closed at GBX 114.40 ($1.48).

Prs Reit Stock Performance

The firm has a 50-day moving average price of GBX 111.22 and a two-hundred day moving average price of GBX 106.44. The firm has a market cap of £626.12 million, a price-to-earnings ratio of 6.69, a price-to-earnings-growth ratio of 0.34 and a beta of 0.55.

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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