Prs Reit (LON:PRSR) Trading Down 0.2% - What's Next?

Key Points

• PRSR shares decreased by 0.2%, trading at GBX 103.60 ($1.40) during mid-day trading, with a significant drop in volume of 63% compared to the average daily volume.
• The company, with a market capitalization of £567.01 million and a P/E ratio of 6.05, is focused on investing over £1 billion in high-quality homes for the Private Rented Sector across major regions of England.
• The PRS REIT aims to provide shareholders with attractive income levels alongside potential capital growth through its portfolio investments.

Shares of Prs Reit (LON:PRSR - ) dropped 0.2% during mid-day trading on Tuesday . The company traded as low as GBX 103.40 ($1.40) and last traded at GBX 103.60 ($1.40). Approximately 504,255 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 1,347,313 shares. The stock had previously closed at GBX 103.80 ($1.40).

Prs Reit Price Performance

The company has a market capitalization of £567.01 million, a P/E ratio of 6.05, a P/E/G ratio of 0.34 and a beta of 0.55. The stock's 50 day moving average is GBX 108.20 and its 200-day moving average is GBX 111.75.

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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