Real Estate Investors (LON:RLE) Stock Price Crosses Below Two Hundred Day Moving Average of $0.00

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.

The business also recently declared a dividend, which was paid on Friday, July 26th. Stockholders of record on Thursday, June 27th were paid a GBX 0.94 ($0.01) dividend. This is a boost from Real Estate Investors’s previous dividend of $0.94. The ex-dividend date was Thursday, June 27th. This represents a dividend yield of 1.72%. Real Estate Investors’s dividend payout ratio is presently 0.91%.

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.

Featured Story: How are the companies in the S&P 500 selected?

Receive News & Ratings for Real Estate Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Real Estate Investors and related companies with MarketBeat.com's FREE daily email newsletter.