Prs Reit (LON:PRSR - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 109.20 ($1.35) and last traded at GBX 109.20 ($1.35), with a volume of 299885 shares traded. The stock had previously closed at GBX 107.60 ($1.33).
Analyst Ratings Changes
Separately, Jefferies Financial Group lifted their target price on Prs Reit from GBX 106 ($1.31) to GBX 120 ($1.49) and gave the company a "buy" rating in a research report on Thursday, September 5th.
Read Our Latest Stock Analysis on Prs Reit
Prs Reit Stock Performance
The company has a debt-to-equity ratio of 60.00, a current ratio of 0.58 and a quick ratio of 0.39. The company has a market cap of £599.78 million, a PE ratio of 992.73, a price-to-earnings-growth ratio of 0.34 and a beta of 0.55. The business has a fifty day simple moving average of GBX 106.06 and a two-hundred day simple moving average of GBX 94.88.
Prs Reit Dividend Announcement
The business also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were given 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 currently 3,636.36%.
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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