Prs Reit (LON:PRSR) Hits New 52-Week High - Here's What Happened

Shares of Prs Reit (LON:PRSR - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 118.40 ($1.57) and last traded at GBX 116 ($1.54), with a volume of 13525 shares traded. The stock had previously closed at GBX 115.80 ($1.54).

Prs Reit Price Performance

The stock has a market cap of £632.69 million, a price-to-earnings ratio of 6.76, a P/E/G ratio of 0.34 and a beta of 0.55. The stock's 50 day simple moving average is GBX 113.36 and its two-hundred day simple moving average is GBX 109.43.

Prs Reit (LON:PRSR - Get Free Report) last released its quarterly 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%. As a group, analysts predict that Prs Reit will post 4.4399999 earnings per share for the current 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.