Picton Property Income (LON:PCTN) Sets New 1-Year Low at $60.30

Picton Property Income Limited (LON:PCTN - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 60.30 ($0.75) and last traded at GBX 60.30 ($0.75), with a volume of 1356109 shares changing hands. The stock had previously closed at GBX 62 ($0.77).

Picton Property Income Stock Performance

The company has a current ratio of 2.19, a quick ratio of 2.25 and a debt-to-equity ratio of 42.44. The company's 50 day moving average is GBX 63.62 and its 200-day moving average is GBX 65.45. The company has a market capitalization of £328.77 million, a P/E ratio of -402.00 and a beta of 0.42.

Picton Property Income Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, February 29th. Investors of record on Thursday, February 8th were given a dividend of GBX 0.88 ($0.01) per share. This represents a yield of 1.31%. The ex-dividend date was Thursday, February 8th. Picton Property Income's dividend payout ratio (DPR) is -2,666.67%.

About Picton Property Income

Picton, established in 2005, is a UK REIT. It owns and actively manages a £757 million diversified UK commercial property portfolio, invested across 49 assets and with around 400 occupiers (as at 30 September 2023). Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing diversified UK focused property companies listed on the main market of the London Stock Exchange.