Shares of Real Estate Investors PLC. (LON:RLE) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $56.10. Real Estate Investors shares last traded at $57.00, with a volume of 91,835 shares trading hands.
Separately, Liberum Capital reissued a “buy” rating on shares of Real Estate Investors in a research note on Monday, July 8th.
The company has a market capitalization of $106.26 million and a P/E ratio of 12.95. The company’s 50 day moving average price is GBX 55.79. The company has a current ratio of 2.05, a quick ratio of 1.35 and a debt-to-equity ratio of 79.11.
About Real Estate Investors (LON:RLE)
Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.5 million sq ft of predominantly 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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