Real Estate Investors (LON:RLE) Releases Earnings Results

Real Estate Investors (LON:RLE) posted its earnings results on Wednesday. The company reported GBX (0.75) 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 Stock Down 1.0%

Shares of RLE traded down GBX 0.30 during mid-day trading on Thursday, reaching GBX 31. The company’s stock had a trading volume of 51,127 shares, compared to its average volume of 143,379. The company has a debt-to-equity ratio of 39.79, a current ratio of 0.26 and a quick ratio of 1.61. Real Estate Investors has a 12-month low of GBX 28 and a 12-month high of GBX 33.40. The stock has a market cap of £54.20 million, a PE ratio of -64.58 and a beta of 0.37. The company’s 50 day moving average is GBX 31.06 and its 200 day moving average is GBX 30.87.

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.