Prs Reit (LON:PRSR) Reaches New 12-Month High – Time to Buy?

Prs Reit (LON:PRSRGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 118.40 ($1.59) and last traded at GBX 116 ($1.56), with a volume of 13525 shares trading hands. The stock had previously closed at GBX 115.80 ($1.55).

Prs Reit Trading Up 0.3 %

The firm has a 50-day moving average of GBX 113.20 and a 200 day moving average of GBX 109.20. The company has a market cap of £635.97 million, a P/E ratio of 6.79, a price-to-earnings-growth ratio of 0.34 and a beta of 0.55.

Prs Reit (LON:PRSRGet Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported GBX 8.40 ($0.11) earnings per share (EPS) for the quarter. Prs Reit had a return on equity of 13.28% and a net margin of 160.59%. On average, equities analysts predict that Prs Reit will post 4.4399999 EPS for the current year.

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.

Further Reading

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