Prs Reit (LON:PRSR – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 116.40 ($1.51) and last traded at GBX 115.40 ($1.50), with a volume of 301911 shares changing hands. The stock had previously closed at GBX 114.40 ($1.49).
Prs Reit Price Performance
The stock has a market cap of £629.04 million, a price-to-earnings ratio of 6.72, a P/E/G ratio of 0.34 and a beta of 0.55. The stock’s 50 day simple moving average is GBX 110.83 and its two-hundred day simple moving average is GBX 106.06.
About Prs Reit
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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