Real Estate Investors Plc (LON:RLE – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 30.88 and traded as low as GBX 30.82. Real Estate Investors shares last traded at GBX 31.55, with a volume of 7,625 shares.
Real Estate Investors Price Performance
The firm has a market cap of £53.94 million, a price-to-earnings ratio of -64.27 and a beta of 0.37. The business’s 50-day simple moving average is GBX 30.99 and its two-hundred day simple moving average is GBX 30.88. The company has a current ratio of 0.26, a quick ratio of 1.61 and a debt-to-equity ratio of 39.79.
About Real Estate Investors
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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