Picton Property Income Limited (LON:PCTN - Get Free Report)'s share price hit a new 52-week high on Thursday . The company traded as high as GBX 77.90 ($1.05) and last traded at GBX 77.70 ($1.05), with a volume of 553542 shares trading hands. The stock had previously closed at GBX 76.90 ($1.03).
Picton Property Income Stock Performance
The company has a fifty day moving average of GBX 72.79 and a 200-day moving average of GBX 68.05. 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 company has a market capitalization of £419.69 million, a price-to-earnings ratio of 52.02 and a beta of 0.42.
Picton Property Income (LON:PCTN - Get Free Report) last issued its quarterly earnings results on Thursday, May 22nd. The company reported GBX 4.20 ($0.06) earnings per share (EPS) for the quarter. Picton Property Income had a return on equity of 1.55% and a net margin of 14.83%. As a group, equities research analysts anticipate that Picton Property Income Limited will post 4.2620137 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Picton Property Income news, insider Helen Beck acquired 20,371 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The stock was bought at an average price of GBX 74 ($1.00) per share, with a total value of £15,074.54 ($20,288.75). Also, insider Francis Salway bought 275,000 shares of the firm's stock in a transaction on Friday, May 23rd. The stock was acquired at an average cost of GBX 74 ($1.00) per share, for a total transaction of £203,500 ($273,889.64). 0.72% of the stock is currently owned by corporate insiders.
About Picton Property Income
(
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.
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