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

Real Estate Investors (LON:RLE) released its earnings results on Wednesday. The company reported GBX (0.75) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Real Estate Investors had a negative net margin of 8.96% and a negative return on equity of 0.96%.

Real Estate Investors Trading Down 1.0%

LON RLE opened at GBX 31.20 on Thursday. Real Estate Investors has a 52 week low of GBX 28 and a 52 week high of GBX 33.40. The business has a 50 day moving average price of GBX 31.06 and a 200-day moving average price of GBX 30.87. The company has a quick ratio of 1.61, a current ratio of 0.26 and a debt-to-equity ratio of 39.79. The company has a market cap of £54.55 million, a price-to-earnings ratio of -65.00 and a beta of 0.37.

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.