Prs Reit (LON:PRSR) Reaches New 52-Week High - Here's Why

Prs Reit (LON:PRSR - Get Free Report)'s share price 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 trading hands. The stock had previously closed at GBX 110.40 ($1.36).

Prs Reit Trading Down 1.6 %

The company has a 50 day moving average price of GBX 106.28 and a 200 day moving average price of GBX 97.46. The firm has a market cap of £590.99 million, a price-to-earnings ratio of 978.18, a price-to-earnings-growth ratio of 0.34 and a beta of 0.55. The company has a debt-to-equity ratio of 60.00, a quick ratio of 0.39 and a current ratio of 0.58.

Prs Reit Announces Dividend

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

About Prs Reit

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.