Prs Reit (LON:PRSR) Sets New 12-Month High - Still a Buy?

Prs Reit (LON:PRSR - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 118.40 ($1.58) and last traded at GBX 116.40 ($1.55), with a volume of 2729 shares. The stock had previously closed at GBX 115.80 ($1.54).

Prs Reit Stock Down 0.2%

The business's fifty day simple moving average is GBX 113.79 and its two-hundred day simple moving average is GBX 109.97. The company has a market cap of £630.50 million, a price-to-earnings ratio of 6.73, a PEG ratio of 0.34 and a beta of 0.55.

Prs Reit (LON:PRSR - Get Free Report) last issued its earnings results on Monday, March 31st. The company reported GBX 8.40 ($0.11) earnings per share (EPS) for the quarter. Prs Reit had a return on equity of 13.28% and a net margin of 160.59%. Sell-side analysts predict that Prs Reit will post 4.4399999 EPS for the current fiscal year.

Prs Reit Company Profile

www.theprsreit.com The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS"). It aims to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company is investing over £1bn in a portfolio of high-quality homes for private rental, mainly across the major regions of England.