Real Estate Investors (LON:RLE) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Real Estate Investors Plc (LON:RLEGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 31.95 and traded as high as GBX 32.73. Real Estate Investors shares last traded at GBX 32.52, with a volume of 239,073 shares.

Real Estate Investors Trading Down 0.3%

The company’s fifty day moving average is GBX 32.03 and its 200-day moving average is GBX 31.95. The firm has a market capitalization of £56.85 million, a P/E ratio of 49.27 and a beta of 0.66.

Real Estate Investors (LON:RLEGet Free Report) last released its earnings results on Tuesday, September 23rd. The company reported GBX 0.85 earnings per share for the quarter. Real Estate Investors had a negative net margin of 106.92% and a negative return on equity of 12.67%. On average, equities research analysts anticipate that Real Estate Investors Plc will post 4.3650794 EPS for the current year.

Real Estate Investors Company Profile

(Get Free Report)

Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of mixed-use commercial property, managed by a highly-experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors.

Featured Articles

Receive News & Ratings for Real Estate Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Real Estate Investors and related companies with MarketBeat.com's FREE daily email newsletter.