Real Estate Investors (LON:RLE) Issues Earnings Results

by · The Cerbat Gem

Real Estate Investors (LON:RLE – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX (0.75) earnings per share for the quarter, Digital Look Earnings reports. Real Estate Investors had a negative return on equity of 0.96% and a negative net margin of 8.96%.

Real Estate Investors Stock Down 1.0%

Shares of LON:RLE traded down GBX 0.30 during midday trading on Wednesday, reaching GBX 31.20. The company’s stock had a trading volume of 92,000 shares, compared to its average volume of 143,875. Real Estate Investors has a 12-month low of GBX 28 and a 12-month high of GBX 33.40. The company has a quick ratio of 1.61, a current ratio of 0.26 and a debt-to-equity ratio of 39.79. The firm has a 50 day moving average of GBX 31.06 and a 200-day moving average of GBX 30.87. The firm has a market capitalization of £54.55 million, a P/E ratio of -65.00 and a beta of 0.37.

About Real Estate Investors

(Get Free Report)

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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