Presidio Property Trust (NASDAQ:SQFT) Posts Earnings Results

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

Presidio Property Trust Price Performance

Shares of SQFT opened at $2.24 on Monday. The company has a 50 day moving average of $2.75 and a two-hundred day moving average of $4.11. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.19. Presidio Property Trust has a twelve month low of $2.10 and a twelve month high of $23.00. The company has a market cap of $3.22 million, a price-to-earnings ratio of -0.25 and a beta of 1.48.

Wall Street Analyst Weigh In

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

Institutional Trading of Presidio Property Trust

A hedge fund recently bought a new stake in Presidio Property Trust stock. Ketron Financial acquired a new position in Presidio Property Trust, Inc. (NASDAQ:SQFT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,725 shares of the company’s stock, valued at approximately $36,000. Ketron Financial owned approximately 0.74% of Presidio Property Trust at the end of the most recent reporting period. Institutional investors and hedge funds own 38.92% of the company’s stock.

About Presidio Property Trust

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.