Picton Property Income (LON:PCTN) Sets New 52-Week Low at $60.30

Picton Property Income Limited (LON:PCTNGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 60.30 ($0.75) and last traded at GBX 60.30 ($0.75), with a volume of 1356109 shares changing hands. The stock had previously closed at GBX 62 ($0.77).

Picton Property Income Stock Down 2.7 %

The company has a debt-to-equity ratio of 42.44, a current ratio of 2.19 and a quick ratio of 2.25. The business’s 50 day moving average price is GBX 63.71 and its 200 day moving average price is GBX 65.51. The firm has a market cap of £328.77 million, a PE ratio of -409.33 and a beta of 0.42.

Picton Property Income Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 8th were issued a dividend of GBX 0.88 ($0.01) per share. The ex-dividend date was Thursday, February 8th. This represents a dividend yield of 1.31%. Picton Property Income’s payout ratio is currently -2,666.67%.

Picton Property Income Company Profile

(Get Free Report)

Picton, established in 2005, is a UK REIT. It owns and actively manages a £757 million diversified UK commercial property portfolio, invested across 49 assets and with around 400 occupiers (as at 30 September 2023). Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing diversified UK focused property companies listed on the main market of the London Stock Exchange.

Further Reading

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