Real Estate Investors (LON:RLE) Releases Earnings Results

Real Estate Investors (LON:RLE) released its quarterly earnings data 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 Price Performance

Shares of RLE opened at GBX 31.90 on Thursday. The company has a debt-to-equity ratio of 39.79, a quick ratio of 1.61 and a current ratio of 0.26. The firm has a market cap of £55.78 million, a PE ratio of -66.46 and a beta of 0.37. The firm’s 50 day moving average price is GBX 31.06 and its 200 day moving average price is GBX 30.87. Real Estate Investors has a twelve month low of GBX 28 and a twelve month high of GBX 33.40.

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.