Real Estate Investors Plc (LON:RLE – Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 31.17 and traded as high as GBX 31.30. Real Estate Investors shares last traded at GBX 31.30, with a volume of 300 shares trading hands.
Real Estate Investors Stock Up 0.3%
The company has a debt-to-equity ratio of 39.79, a quick ratio of 1.61 and a current ratio of 0.26. The company’s fifty day moving average price is GBX 31.17 and its 200-day moving average price is GBX 31.07. The stock has a market cap of £54.72 million, a P/E ratio of -65.20 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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