Picton Property Income (LON:PCTN) Stock Passes Below Two Hundred Day Moving Average of $65.51

Posted by ABMN Staff on Apr 16th, 2024

Picton Property Income Limited (LON:PCTN – Get Free Report)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 65.51 ($0.82) and traded as low as GBX 61.50 ($0.77). Picton Property Income shares last traded at GBX 62 ($0.77), with a volume of 721,582 shares.

Picton Property Income Trading Down 1.0 %

The company has a debt-to-equity ratio of 42.44, a quick ratio of 2.25 and a current ratio of 2.19. The stock has a market capitalization of £334.77 million, a P/E ratio of -413.33 and a beta of 0.42. The firm’s fifty day simple moving average is GBX 63.71 and its 200 day simple moving average is GBX 65.51.

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 GBX 0.88 ($0.01) dividend. This represents a yield of 1.31%. The ex-dividend date of this dividend was Thursday, February 8th. Picton Property Income’s dividend 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.