Prs Reit (LON:PRSR) Sets New 52-Week High – Here’s What Happened

Prs Reit (LON:PRSR) shares hit a new 52-week high during mid-day 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 Up 0.6 %

The company has a market cap of £585.50 million, a price-to-earnings ratio of 969.09, 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 current ratio of 0.58 and a quick ratio of 0.39. The business has a 50 day simple moving average of GBX 106.28 and a 200 day simple moving average of GBX 97.68.

Prs Reit Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 14th were issued 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 dividend payout ratio is currently 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.