Real Estate Investors (LON:RLE) Issues Earnings Results

Real Estate Investors (LON:RLE) issued its earnings results on Wednesday. The company reported GBX (0.75) EPS for the quarter, Digital Look Earnings reports. Real Estate Investors had a negative return on equity of 0.96% and a negative net margin of 8.96%.

Real Estate Investors Price Performance

Shares of Real Estate Investors stock traded down GBX 0.30 on Wednesday, reaching GBX 31.20. The stock had a trading volume of 58,000 shares, compared to its average volume of 143,693. Real Estate Investors has a 1 year low of GBX 28 and a 1 year high of GBX 33.40. The company has a market cap of £54.55 million, a P/E ratio of -65.00 and a beta of 0.37. The company has a current ratio of 0.26, a quick ratio of 1.61 and a debt-to-equity ratio of 39.79. The business’s 50 day moving average is GBX 31.06 and its two-hundred day moving average is GBX 30.87.

About Real Estate Investors

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. The portfolio has no material reliance on a single asset or occupier. On 1st January 2015, the Company converted to a REIT. Real Estate Investment Trusts are listed property investment companies or groups not liable to corporation tax on their rental income or capital gains from their qualifying activities.