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

Real Estate Investors (LON:RLE) announced its quarterly 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 Performance

RLE stock traded down GBX 0.30 during trading on Wednesday, reaching GBX 31.20. 92,000 shares of the company’s stock were exchanged, compared to its average volume of 143,875. Real Estate Investors has a 1-year low of GBX 28 and a 1-year high of GBX 33.40. The firm has a market cap of £54.55 million, a PE ratio of -65.00 and a beta of 0.37. The company’s fifty day moving average price is GBX 31.06 and its 200-day moving average price is 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.

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.