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hares of Real Estate Investors Plc (LON:RLE) fell below its 200-day moving average on Wednesday, trading as low as GBX 29.30 ($0.36). The stock currently has a market cap of £54.06 million and a price-to-earnings ratio of -442.86. Real Estate Investors recently announced a dividend of GBX 0.50 ($0.01) per share, paid on January 17th to investors of record on December 24th.
The company's current ratio is 0.19, quick ratio is 1.61, and debt-to-equity ratio is 53.05. Its beta is 0.66, indicating relatively low volatility compared to the market. The business has a fifty-day moving average price of GBX 30.61.
Real Estate Investors Plc is an internally managed property investment company and REIT with a portfolio of mixed-use commercial properties in the Midlands region. The company's experienced management team has over 100 years of combined experience operating in the local market across all sectors.
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