Picton Property Income Limited (LON:PCTN - Get Free Report) insider Michael Morris sold 142,225 shares of the firm's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of GBX 80 ($1.09), for a total value of £113,780 ($154,887.01).
Picton Property Income Trading Up 0.9%
LON:PCTN opened at GBX 81.20 ($1.11) on Wednesday. The company has a debt-to-equity ratio of 40.36, a quick ratio of 2.25 and a current ratio of 3.48. The firm has a 50-day simple moving average of GBX 76.30 and a 200-day simple moving average of GBX 69.37. Picton Property Income Limited has a one year low of GBX 59.54 ($0.81) and a one year high of GBX 83 ($1.13). The firm has a market cap of £439.73 million, a P/E ratio of 54.50 and a beta of 0.42.
Picton Property Income (LON:PCTN - Get Free Report) last posted its earnings results on Thursday, May 22nd. The company reported GBX 4.20 ($0.06) earnings per share for the quarter. Picton Property Income had a return on equity of 1.55% and a net margin of 14.83%. Equities analysts anticipate that Picton Property Income Limited will post 4.2620137 EPS for the current fiscal year.
Picton Property Income Company Profile
(
Get Free Report)
Established in 2005, Picton is listed on the main market of the London Stock Exchange and is a constituent of a number of EPRA indices including the FTSE EPRA Nareit Global Index.
Picton owns and actively manages a £718 million UK commercial property portfolio, invested across 48 assets and with around 350 occupiers (as at 30 June 2024).
Through an occupier focused, opportunity led approach, Picton aims to be one of the consistently best performing diversified UK REITs and has delivered upper quartile outperformance and a consistently higher income return than the MSCI Quarterly Property Index since launch.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Picton Property Income, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Picton Property Income wasn't on the list.
While Picton Property Income currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
