PREIT Reports First Quarter 2021 Results
Year-to-Date Leasing Volume Over 500% Greater Than Full Year 2020 and 35% Ahead of Full Year 2019
Liquidity Profile Continues to Improve; Total Liquidity of $103.6 Million at End of First Quarter
Traffic approaching pre-COVID levels across portfolio at 86.4% of 2019 for Comparable Portfolio in April
News provided by
Share this article
Share this article
PHILADELPHIA, May 5, 2021 /PRNewswire/ PREIT (NYSE: PEI) today reported results for the three months ended March 31, 2021. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is provided in the tables accompanying this release.
Three Months Ended March 31,
(per share amounts)
Markets
PEI’s market cap is $141 million and the company has a P/E ratio of -0.50. Currently, Pennsylvania Real Estate Investment has an average volume of 284.95K. The company has a one-year high of $2.93 and a one-year low of $0.36.
In the last 30 days, insiders have sold $6,100 worth of PEI shares and purchased $10.89K worth of PEI shares.
Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cooper University Health Care will open a medical center in a former Sears store at this N J mall nj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nj.com Daily Mail and Mail on Sunday newspapers.