PRS Reit (LON:PRSR) Trading 0.4% Higher

PRS Reit PLC (LON:PRSR)’s share price traded up 0.4% during mid-day trading on Friday . The stock traded as high as GBX 96.90 ($1.27) and last traded at GBX 96.80 ($1.26), 27,925 shares traded hands during trading. A decline of 90% from the average session volume of 285,634 shares. The stock had previously closed at GBX 96.40 ($1.26).

The company has a market capitalization of $480.42 million and a P/E ratio of 44.09. The company’s fifty day moving average is GBX 95.46.

In other PRS Reit news, insider David Steffan Francis bought 20,000 shares of the business’s stock in a transaction that occurred on Thursday, June 27th. The shares were acquired at an average cost of GBX 94 ($1.23) per share, for a total transaction of £18,800 ($24,565.53).

About PRS Reit (LON:PRSR)

The PRS REIT is a closed-ended real estate investment trust established to invest in the Private Rented Sector and to provide shareholders with an attractive level of income together with the potential for capital and income growth. It has raised a total of £500m (gross) through its Initial Public Offering, on 31 May 2017, and a subsequent placing in February 2018.

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