Real Estate Investors (LON:RLE) Posts Earnings Results

Real Estate Investors (LON:RLE) released its earnings results on Wednesday. The company reported GBX (0.75) EPS for the quarter, Digital Look Earnings reports. Real Estate Investors had a negative net margin of 27.15% and a negative return on equity of 2.93%.

Real Estate Investors Stock Up 1.1%

Shares of LON:RLE opened at GBX 31.65 on Friday. The stock’s 50-day moving average price is GBX 31.06 and its two-hundred day moving average price is GBX 30.86. The company has a current ratio of 0.22, a quick ratio of 1.61 and a debt-to-equity ratio of 37.15. Real Estate Investors has a 12-month low of GBX 28 and a 12-month high of GBX 33.40. The firm has a market cap of £55.34 million, a price-to-earnings ratio of -65.94 and a beta of 0.37.

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.