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

Real Estate Investors (LON:RLE) released its quarterly earnings results on Tuesday. The company reported GBX (0.48) EPS for the quarter, Digital Look Earnings reports. Real Estate Investors had a net margin of 11.42% and a return on equity of 1.28%.

Real Estate Investors Stock Performance

LON RLE opened at GBX 29.09 on Wednesday. The firm has a market cap of £50.86 million, a PE ratio of 44.07 and a beta of 0.30. Real Estate Investors has a one year low of GBX 27.33 and a one year high of GBX 33.80. The firm’s fifty day moving average is GBX 31.28 and its two-hundred day moving average is GBX 31.90.

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.