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The latest update is out from Presidio Property Trust ( (SQFT) ).
On May 14, 2025, Presidio Property Trust announced a 1-for-10 reverse stock split of its Series A Common Stock, effective May 19, 2025, to increase the per share market price and maintain its Nasdaq listing. This move aims to ensure compliance with Nasdaq’s minimum bid price requirement, with all outstanding shares adjusted proportionately and fractional shares rounded up at the participant level.
Spark’s Take on SQFT Stock
According to Spark, TipRanks’ AI Analyst, SQFT is a Neutral.
Presidio Property Trust is experiencing significant financial challenges with declining revenues, losses, and high leverage, leading to a low overall score. While there are some positive corporate developments, such as property sales indicating a strategic shift, these are overshadowed by the company’s precarious financial position. Technical analysis and valuation metrics further reflect uncertainty and risk, contributing to the overall score.
To see Spark’s full report on SQFT stock, click here.
More about Presidio Property Trust
Presidio Property Trust is an internally managed real estate investment trust with holdings in model home properties leased to homebuilders, as well as office, industrial, and retail properties. Its model homes are primarily leased in the sunbelt, while its other properties are located in Colorado, Maryland, North Dakota, Texas, and Southern California.
Average Trading Volume: 26,789
Technical Sentiment Signal: Sell
Current Market Cap: $8.78M
Find detailed analytics on SQFT stock on TipRanks’ Stock Analysis page.