Real Estate Investors (LON:RLE) Posts Quarterly Earnings Results

Real Estate Investors (LON:RLE) posted its 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 Real Estate Investors stock traded down GBX 0.30 on Thursday, hitting GBX 31. The company had a trading volume of 51,127 shares, compared to its average volume of 143,379. The stock has a market capitalization of £54.20 million, a price-to-earnings ratio of -64.58 and a beta of 0.37. Real Estate Investors has a 1 year low of GBX 28 and a 1 year high of GBX 33.40. The stock has a 50 day moving average of GBX 31.06 and a 200-day moving average of GBX 30.87. The company has a debt-to-equity ratio of 39.79, a quick ratio of 1.61 and a current ratio of 0.26.

Real Estate Investors Company Profile

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.