Real Estate Investors (LON:RLE) Reaches New 12-Month Low – Here’s Why

Real Estate Investors Plc (LON:RLEGet Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as GBX 28 ($0.36) and last traded at GBX 28.90 ($0.37), with a volume of 786992 shares traded. The stock had previously closed at GBX 28.50 ($0.37).

Real Estate Investors Trading Up 1.4 %

The company has a market capitalization of £50.40 million, a PE ratio of -4.26 and a beta of 0.66. The firm has a 50 day simple moving average of GBX 29.87 and a two-hundred day simple moving average of GBX 31.10.

Real Estate Investors (LON:RLEGet Free Report) last issued its quarterly earnings results on Tuesday, March 25th. The company reported GBX (1.35) (($0.02)) earnings per share for the quarter. Real Estate Investors had a negative return on equity of 12.67% and a negative net margin of 106.92%. Research analysts expect that Real Estate Investors Plc will post 4.3650794 earnings per share for the current fiscal year.

Real Estate Investors Company Profile

(Get Free Report)

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.

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