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

Real Estate Investors (LON:RLE) issued 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 return on equity of 2.93% and a negative net margin of 27.15%.

Real Estate Investors Stock Down 0.9%

LON RLE traded down GBX 0.29 during mid-day trading on Friday, reaching GBX 31.01. The stock had a trading volume of 331,708 shares, compared to its average volume of 144,381. The stock has a market cap of £54.22 million, a PE ratio of -64.60 and a beta of 0.37. Real Estate Investors has a 1 year low of GBX 28 and a 1 year high of GBX 33.40. The company has a debt-to-equity ratio of 37.15, a current ratio of 0.22 and a quick ratio of 1.61. The company has a fifty day moving average price of GBX 31.06 and a 200 day moving average price of GBX 30.87.

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.