Prs Reit (LON:PRSR - Get Free Report) shares dropped 0.9% during mid-day trading on Tuesday . The stock traded as low as GBX 105.80 ($1.44) and last traded at GBX 106.40 ($1.45). Approximately 1,521,305 shares changed hands during trading, an increase of 17% from the average daily volume of 1,305,103 shares. The stock had previously closed at GBX 107.40 ($1.46).
Prs Reit Stock Down 0.4%
The firm's 50 day simple moving average is GBX 113.61 and its 200-day simple moving average is GBX 112.09. The company has a market capitalization of £582.33 million, a PE ratio of 6.22, a P/E/G ratio of 0.34 and a beta of 0.55.
About Prs Reit
(
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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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