Picton Property Income Limited (LON:PCTN - Get Free Report) shares hit a new 52-week high on Friday . The stock traded as high as GBX 78.90 ($1.07) and last traded at GBX 78.40 ($1.06), with a volume of 1016510 shares trading hands. The stock had previously closed at GBX 77.80 ($1.05).
Picton Property Income Trading Up 1.9%
The company has a market capitalization of £432.69 million, a price-to-earnings ratio of 53.63 and a beta of 0.42. The company has a quick ratio of 2.25, a current ratio of 3.48 and a debt-to-equity ratio of 40.36. The company's 50 day simple moving average is GBX 73.55 and its two-hundred day simple moving average is GBX 68.47.
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) 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 fiscal year.
Insider Transactions at Picton Property Income
In other Picton Property Income news, insider Helen Beck bought 20,371 shares of Picton Property Income stock in a transaction that occurred on Friday, May 23rd. The stock was purchased at an average price of GBX 74 ($1.00) per share, with a total value of £15,074.54 ($20,428.97). Also, insider Francis Salway bought 275,000 shares of Picton Property Income stock in a transaction that occurred on Friday, May 23rd. The shares were acquired at an average cost of GBX 74 ($1.00) per share, with a total value of £203,500 ($275,782.63). Insiders own 0.72% of the company's stock.
About Picton Property Income
(
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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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