Presidio Property Trust (NASDAQ:SQFT) Announces Earnings Results

Presidio Property Trust (NASDAQ:SQFT) posted its earnings results on Saturday. The company reported ($3.70) earnings per share for the quarter, FiscalAI reports. Presidio Property Trust had a negative net margin of 49.22% and a negative return on equity of 26.07%. The firm had revenue of $4.11 million during the quarter.

Presidio Property Trust Price Performance

Shares of SQFT opened at $2.24 on Monday. The company’s 50-day moving average price is $2.75 and its 200 day moving average price is $4.11. Presidio Property Trust has a 12-month low of $2.10 and a 12-month high of $23.00. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.19. The firm has a market cap of $3.22 million, a P/E ratio of -0.25 and a beta of 1.48.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Presidio Property Trust in a research report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Presidio Property Trust has a consensus rating of “Sell”.

Institutional Investors Weigh In On Presidio Property Trust

A hedge fund recently bought a new stake in Presidio Property Trust stock. Ketron Financial acquired a new stake in Presidio Property Trust, Inc. (NASDAQ:SQFT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 10,725 shares of the company’s stock, valued at approximately $36,000. Ketron Financial owned 0.74% of Presidio Property Trust at the end of the most recent quarter. 38.92% of the stock is currently owned by institutional investors.

Presidio Property Trust Company Profile

Presidio Property Trust, Inc is a real estate investment trust (REIT) that specializes in acquiring, owning and managing single-tenant commercial properties across the United States. The company employs a net-lease strategy, entering into long-term leases with corporate tenants to generate stable rental income and minimize landlord responsibilities related to property operations.

The trust’s portfolio includes a diverse mix of industrial, office and research and development facilities.