Shares of Prs Reit (LON:PRSR – Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as GBX 116.40 ($1.50) and last traded at GBX 115.40 ($1.49), with a volume of 301911 shares. The stock had previously closed at GBX 114.40 ($1.48).
Prs Reit Price Performance
The company has a market cap of £626.12 million, a PE ratio of 6.69, a price-to-earnings-growth ratio of 0.34 and a beta of 0.55. The business has a 50 day moving average of GBX 111.22 and a 200 day moving average of GBX 106.36.
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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