PS Business Parks (NYSE:PSB) issued its earnings results on Sunday. The real estate investment trust reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.24, MarketWatch Earnings reports. PS Business Parks had a net margin of 45.25% and a return on equity of 18.36%.
PS Business Parks stock traded up $4.28 during trading hours on Tuesday, hitting $147.67. The stock had a trading volume of 1,578 shares, compared to its average volume of 84,162. The stock has a market capitalization of $4.06 billion, a P/E ratio of 31.51 and a beta of 0.47. PS Business Parks has a 12-month low of $102.48 and a 12-month high of $167.50. The stock’s 50-day moving average price is $137.94 and its 200-day moving average price is $130.51.
PS Business Parks Company Profile
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