Real Estate Investors Plc (LON:RLE – Get Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 30.87 and traded as high as GBX 31.50. Real Estate Investors shares last traded at GBX 31.22, with a volume of 23,494 shares changing hands.
Real Estate Investors Price Performance
The firm has a 50 day moving average of GBX 30.98 and a 200-day moving average of GBX 30.87. 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 company has a market cap of £54.59 million, a P/E ratio of -65.05 and a beta of 0.37.
Real Estate Investors Company Profile
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.
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