Real Estate Investors Plc (LON:RLE – Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 31.02 and traded as high as GBX 31.50. Real Estate Investors shares last traded at GBX 31.50, with a volume of 11,046 shares traded.
Real Estate Investors Trading Up 1.1%
The firm has a market cap of £55.53 million, a price-to-earnings ratio of -66.17 and a beta of 0.37. 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 business has a 50 day moving average price of GBX 31.02 and a 200-day moving average price of GBX 30.86.
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.
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