Presidio Property Trust Inc (NASDAQ: SQFT) Could See A Rise In Prices Shortly.

In the last trading session, 2.23 million shares of the Presidio Property Trust Inc (NASDAQ:SQFT) were traded, and its beta was 1.49. Most recently the company’s share price was $0.68, and it changed around $0.0 or -0.74% from the last close, which brings the market valuation of the company to $9.65M. SQFT currently trades at a discount to its 52-week high of $1.45, offering almost -113.24% off that amount. The share price’s 52-week low was $0.47, which indicates that the current value has risen by an impressive 30.88% since then. We note from Presidio Property Trust Inc’s average daily trading volume that its 10-day average is 0.27 million shares, with the 3-month average coming to 36.39K.

Presidio Property Trust Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended SQFT as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

Presidio Property Trust Inc (NASDAQ:SQFT) trade information

Instantly SQFT has showed a red trend with a performance of -0.74% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.7300 on recent trading dayincreased the stock’s daily price by 6.85%. The company’s shares are currently down -34.47% year-to-date, but still down -3.56% over the last five days. On the other hand, Presidio Property Trust Inc (NASDAQ:SQFT) is -3.57% down in the 30-day period. We can see from the shorts that 72077.0 shares have been sold at a short interest cover period of 2.29 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 28.96%.

SQFT Dividends

Presidio Property Trust Inc’s next quarterly earnings report is expected to be released in January. The annual dividend yield of the stock is 3.41 percent and its annual dividend per share was 0.02. It is important to note, however, that the 3.41% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

Presidio Property Trust Inc (NASDAQ:SQFT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 20.81% of Presidio Property Trust Inc shares, and 17.32% of them are in the hands of institutional investors. The stock currently has a share float of 21.88%. Presidio Property Trust Inc stock is held by 28.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 1.5767% of the shares, which is about 0.19 million shares worth $0.14 million.

ATRIA WEALTH SOLUTIONS, INC., with 1.5136% or 0.19 million shares worth $0.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares.