In a notable performance, PermRock Royalty Trust (NYSE:PRT) stock has reached a 52-week high, trading at $4.62. According to InvestingPro data, the company boasts an impressive 25.6% year-to-date return and maintains an attractive 11.02% dividend yield, making it one of the market's significant dividend payers. This peak reflects a steady climb for the company, which has seen a 1-year change of 2.73%. With a modest P/E ratio of 10.64 and a healthy current ratio of 3.74, investors are closely monitoring PRT as it sustains its upward trajectory. InvestingPro has identified 6 additional key investment tips for PRT subscribers. The company's ability to hit this price level amidst fluctuating market conditions has sparked interest in its future potential and the resilience of its business model, particularly given its market capitalization of $53.29 million.
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