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

Prs Reit (LON:PRSRGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 118.80 ($1.61) and last traded at GBX 118.80 ($1.61), with a volume of 2839920 shares traded. The stock had previously closed at GBX 116.40 ($1.58).

Prs Reit Stock Performance

The firm has a market cap of £650.20 million, a price-to-earnings ratio of 6.94, a PEG ratio of 0.34 and a beta of 0.55. The business’s 50 day moving average price is GBX 114.05 and its 200 day moving average price is GBX 111.21.

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

About Prs Reit

(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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