Picton Property Income Limited (LON:PCTN) Insider Sells £74,327.20 in Stock

Picton Property Income Limited (LON:PCTN - Get Free Report) insider Michael Morris sold 92,909 shares of the company's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of GBX 80 ($1.09), for a total value of £74,327.20 ($101,180.51).

Michael Morris also recently made the following trade(s):

• On Wednesday, June 25th, Michael Morris sold 142,225 shares of Picton Property Income stock. The stock was sold at an average price of GBX 80 ($1.09), for a total value of £113,780 ($154,887.01).

Picton Property Income Stock Performance

Picton Property Income stock traded up GBX 0.80 ($0.01) during trading hours on Wednesday, reaching GBX 81.30 ($1.11). 308,149 shares of the company were exchanged, compared to its average volume of 1,725,562. Picton Property Income Limited has a 12 month low of GBX 59.54 ($0.81) and a 12 month high of GBX 83 ($1.13). The company has a current ratio of 3.48, a quick ratio of 2.25 and a debt-to-equity ratio of 40.36. The stock has a 50-day moving average of GBX 76.30 and a 200 day moving average of GBX 69.37. The firm has a market cap of £440.27 million, a price-to-earnings ratio of 54.57 and a beta of 0.42.

Picton Property Income (LON:PCTN - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The company reported GBX 4.20 ($0.06) earnings per share (EPS) for the quarter. Picton Property Income had a net margin of 14.83% and a return on equity of 1.55%. As a group, research analysts anticipate that Picton Property Income Limited will post 4.2620137 earnings per share for the current year.

About Picton Property Income

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.

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