Picton Property Income Limited (LON:PCTN - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 74.52 ($1.02) and traded as low as GBX 73 ($1.00). Picton Property Income shares last traded at GBX 74 ($1.01), with a volume of 812,991 shares changing hands.
Picton Property Income Price Performance
The company has a market cap of £401.42 million, a P/E ratio of 1,133.82 and a beta of 0.42. The company has a fifty day moving average price of GBX 76.56 and a two-hundred day moving average price of GBX 74.89. The company has a debt-to-equity ratio of 40.36, a quick ratio of 2.25 and a current ratio of 3.48.
Insider Transactions at Picton Property Income
In related news, insider Michael Morris sold 92,909 shares of the firm's stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of GBX 80, for a total value of £74,327.20. Company insiders own 0.74% 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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