Presidio Property Trust (NASDAQ:SQFT) Cut to “Strong Sell” at Wall Street Zen

Wall Street Zen cut shares of Presidio Property Trust (NASDAQ:SQFT) to a strong sell rating in a research note released on Saturday.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Presidio Property Trust in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Presidio Property Trust Stock Performance

Shares of SQFT stock opened at $5.71 on Friday. The firm has a market capitalization of $8.28 million, a PE ratio of -0.49 and a beta of 1.32. The firm has a fifty day simple moving average of $5.52 and a two-hundred day simple moving average of $5.81. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 3.22. Presidio Property Trust has a 12 month low of $4.19 and a 12 month high of $23.00.

Institutional Trading of Presidio Property Trust

A hedge fund recently raised its stake in Presidio Property Trust stock. IFP Advisors Inc lifted its position in Presidio Property Trust, Inc. (NASDAQ:SQFT) by 10.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,843 shares of the company’s stock after acquiring an additional 2,980 shares during the quarter. IFP Advisors Inc owned approximately 2.74% of Presidio Property Trust worth $172,000 at the end of the most recent reporting period. Institutional investors own 38.92% of the company’s stock.

About Presidio Property Trust

Presidio Property Trust, Inc (we, our, us or the Company) is an internally-managed real estate investment trust (REIT), with holdings in office, industrial, retail and model home properties. We were incorporated in the State of California on September 28, 1999, and in August 2010, we reincorporated as a Maryland corporation.