Prs Reit (LON:PRSR) Reaches New 1-Year High – Here’s What Happened

Prs Reit (LON:PRSRGet Free Report)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as GBX 113.80 ($1.42) and last traded at GBX 112.80 ($1.40), with a volume of 952668 shares changing hands. The stock had previously closed at GBX 109.20 ($1.36).

Prs Reit Price Performance

The firm’s fifty day simple moving average is GBX 107.42 and its two-hundred day simple moving average is GBX 100.67. The company has a quick ratio of 0.39, a current ratio of 0.58 and a debt-to-equity ratio of 60.00. The firm has a market cap of £629.88 million, a PE ratio of 1,042.55, a P/E/G ratio of 0.34 and a beta of 0.55.

About Prs Reit

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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.

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