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

Shares of Real Estate Investors Plc (LON:RLE) 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) 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

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.