PSP Swiss Property (PSPSF) Expected to Post Earnings on Tuesday

PSP Swiss Property (OTCMKTS:PSPSF) is projected to post its resultson Tuesday, November 10th. Analysts expect PSP Swiss Property to announce earnings of $2.48 per share and revenue of $102.84 million for the quarter.

PSP Swiss Property Stock Performance

Shares of PSP Swiss Property stock traded up $5.42 during trading hours on Tuesday, reaching $189.40. The company’s stock had a trading volume of 205 shares, compared to its average volume of 104. The firm has a 50 day moving average price of $175.33 and a 200-day moving average price of $186.76. PSP Swiss Property has a one year low of $167.36 and a one year high of $220.00.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reiterated an “underweight” rating on shares of PSP Swiss Property in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, PSP Swiss Property currently has an average rating of “Hold”.

About PSP Swiss Property

PSP Swiss Property AG is a Swiss real estate company that owns, develops and manages a portfolio of high-quality commercial properties. Its activities are focused primarily on office buildings, with additional retail, hotel and other commercial space.

The company’s properties are located in Switzerland’s major economic centers, including Zurich, Geneva, Basel, Lausanne and other important urban markets. PSP Swiss Property generates rental income through leasing these properties to corporate and commercial tenants, while also pursuing selected redevelopment and property development projects.

Founded in 1999, PSP Swiss Property has grown into one of Switzerland’s prominent listed real estate companies.