Residential Secure Income (LON:RESI) Posts Earnings Results

Residential Secure Income (LON:RESI) issued its quarterly earnings data on Wednesday. The company reported GBX 2.80 ($0.04) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Residential Secure Income had a negative net margin of 32.98% and a negative return on equity of 6.58%.

Residential Secure Income Price Performance

Shares of LON RESI opened at GBX 59 ($0.79) on Thursday. The stock has a market capitalization of £107.25 million, a P/E ratio of -10.68 and a beta of 0.21. The company has a 50-day moving average price of GBX 56.57 and a 200-day moving average price of GBX 57.14. Residential Secure Income has a 1 year low of GBX 46.90 ($0.63) and a 1 year high of GBX 63.40 ($0.85).

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.