Prs Reit (LON:PRSR) Shares Up 0.2% - Still a Buy?

Key Points

• Prs Reit shares experienced a slight increase of 0.2%, trading at GBX 112.20 ($1.51) after reaching GBX 112.60 ($1.51) during the day.
• The company has a market capitalization of £616.26 million and a notably high price-to-earnings ratio of 561.00.
• Prs Reit aims to invest over £1bn in quality homes for private rental, focusing on the Private Rented Sector in major regions of England.

Shares of Prs Reit (LON:PRSR - ) rose 0.2% during mid-day trading on Tuesday . The company traded as high as GBX 112.60 ($1.51) and last traded at GBX 112.20 ($1.51). Approximately 13,512,955 shares were traded during trading, an increase of 756% from the average daily volume of 1,579,512 shares. The stock had previously closed at GBX 112 ($1.51).

Prs Reit Trading Up 0.2%

The company has a market cap of £616.26 million, a price-to-earnings ratio of 561.00, a price-to-earnings-growth ratio of 0.34 and a beta of 0.55. The stock has a 50-day simple moving average of GBX 105.63 and a 200-day simple moving average of GBX 110.37.

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.

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