Michael Morris Sells 92,909 Shares of Picton Property Income Limited (LON:PCTN) Stock

Picton Property Income Limited (LON:PCTN) insider Michael Morris sold 92,909 shares of the stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of GBX 80 ($1.09), for a total value of £74,327.20 ($101,553.76).

Michael Morris also recently made the following trade(s):

• On Wednesday, June 25th, Michael Morris sold 142,225 shares of Picton Property Income stock. The shares were sold at an average price of GBX 80 ($1.09), for a total value of £113,780 ($155,458.40).

Picton Property Income Stock Up 0.2%

LON PCTN opened at GBX 80.70 ($1.10) on Thursday. The stock’s 50-day moving average price is GBX 76.49 and its 200-day moving average price is GBX 69.45. The company has a quick ratio of 2.25, a current ratio of 3.48 and a debt-to-equity ratio of 40.36. Picton Property Income Limited has a 52 week low of GBX 59.54 ($0.81) and a 52 week high of GBX 83 ($1.13). The company has a market capitalization of £437.02 million, a P/E ratio of 54.17 and a beta of 0.42.

Picton Property Income (LON:PCTN) last posted its quarterly earnings data on Thursday, May 22nd. The company reported GBX 4.20 ($0.06) EPS for the quarter. Picton Property Income had a return on equity of 1.55% and a net margin of 14.83%. On average, equities research analysts predict that Picton Property Income Limited will post 4.2620137 earnings per share for the current year.

About Picton Property Income

Established in 2005, Picton is listed on the main market of the London Stock Exchange and is a constituent of a number of EPRA indices including the FTSE EPRA Nareit Global Index.

Picton owns and actively manages a £718 million UK commercial property portfolio, invested across 48 assets and with around 350 occupiers (as at 30 June 2024).

Through an occupier focused, opportunity led approach, Picton aims to be one of the consistently best performing diversified UK REITs and has delivered upper quartile outperformance and a consistently higher income return than the MSCI Quarterly Property Index since launch.