Real Estate Investors (LON:RLE) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

by · The Markets Daily

Shares of Real Estate Investors Plc (LON:RLE – Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 32.13 and traded as low as GBX 32. Real Estate Investors shares last traded at GBX 32, with a volume of 24,819 shares trading hands.

Real Estate Investors Stock Up 0.4%

The stock has a market capitalization of £58.14 million, a price-to-earnings ratio of 50.38 and a beta of 0.66. The stock’s 50-day simple moving average is GBX 32.57 and its 200 day simple moving average is GBX 32.14.

Real Estate Investors (LON:RLE – Get Free Report) last issued its earnings results on Tuesday, September 23rd. The company reported GBX 0.85 earnings per share (EPS) for the quarter. Real Estate Investors had a negative net margin of 106.92% and a negative return on equity of 12.67%. As a group, equities research analysts anticipate that Real Estate Investors Plc will post 4.3650794 earnings per share for the current year.

Real Estate Investors Company Profile

(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.

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