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

Prs Reit (LON:PRSR) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 110.20 ($1.35) and last traded at GBX 109.60 ($1.34), with a volume of 274964 shares changing hands. The stock had previously closed at GBX 105.60 ($1.29).

Prs Reit Stock Performance

The company has a debt-to-equity ratio of 60.00, a quick ratio of 0.39 and a current ratio of 0.58. The company has a market capitalization of £606.37 million, a PE ratio of 1,003.64, a PEG ratio of 0.34 and a beta of 0.55. The company has a 50 day moving average price of GBX 106.13 and a 200 day moving average price of GBX 96.99.

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 paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date was Thursday, November 14th. This represents a yield of 0.95%. Prs Reit’s dividend payout ratio (DPR) is 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.