Residential Secure Income plc (LON:RESI – Get Free Report) shares dropped 2.1% on Wednesday . The stock traded as low as GBX 52.80 ($0.65) and last traded at GBX 56 ($0.69). Approximately 396,045 shares were traded during mid-day trading, an increase of 83% from the average daily volume of 215,964 shares. The stock had previously closed at GBX 57.20 ($0.71).
Residential Secure Income Trading Down 2.1 %
The company has a debt-to-equity ratio of 140.63, a quick ratio of 0.83 and a current ratio of 1.05. The business’s 50 day moving average price is GBX 58.53 and its 200-day moving average price is GBX 54.88. The firm has a market cap of £103.69 million, a price-to-earnings ratio of -2,800.00 and a beta of 0.21.
About Residential Secure Income
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.
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