Residential Secure Income (LON:RESI) Releases Earnings Results

Residential Secure Income (LON:RESI) issued its earnings results on Wednesday. The company reported GBX (5.40) (($0.07)) EPS for the quarter, Digital Look Earnings reports. Residential Secure Income had a negative return on equity of 2.24% and a negative net margin of 11.24%.

Residential Secure Income Price Performance

Shares of RESI stock opened at GBX 56.75 ($0.70) on Friday. Residential Secure Income has a 52 week low of GBX 45 ($0.56) and a 52 week high of GBX 62 ($0.77). The stock’s fifty day moving average is GBX 58.16 and its 200-day moving average is GBX 55.40. The stock has a market capitalization of £105.08 million, a PE ratio of -2,837.50 and a beta of 0.21. The company has a debt-to-equity ratio of 140.63, a quick ratio of 0.83 and a current ratio of 1.05.

Residential Secure Income Company Profile

Residential Secure Income plc (ReSI or the Company) (LSE: RESI) is a real estate investment trust (REIT) focused on delivering secure, inflation-linked returns in two sub-sectors in UK residential housing; independent retirement rentals and shared ownership, which are underpinned by an ageing demographic and untapped, strong demand for affordable homes.