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

Shares of Picton Property Income Limited (LON:PCTN) reached a new 52-week low on Tuesday . The company traded as low as GBX 60.30 ($0.75) and last traded at GBX 60.30 ($0.75), with a volume of 1356109 shares trading hands. The stock had previously closed at GBX 62 ($0.77).

Picton Property Income Price Performance

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

Picton Property Income Announces Dividend

The business also recently declared 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. The ex-dividend date was Thursday, February 8th. This represents a yield of 1.31%. Picton Property Income’s dividend payout ratio is currently -2,666.67%.

Picton Property Income Company Profile

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.