Real Estate Investors Plc (LON:RLE – Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 33.91 ($0.44) and traded as high as GBX 34.70 ($0.45). Real Estate Investors shares last traded at GBX 34 ($0.44), with a volume of 46,753 shares traded.
Real Estate Investors Stock Performance
The company has a current ratio of 0.22, a quick ratio of 1.61 and a debt-to-equity ratio of 57.39. The stock has a fifty day moving average price of GBX 35.58 and a 200-day moving average price of GBX 33.91. The firm has a market capitalization of £59.11 million, a price-to-earnings ratio of -680.00 and a beta of 0.67.
Real Estate Investors Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Thursday, July 11th will be given a GBX 0.50 ($0.01) dividend. The ex-dividend date is Thursday, July 11th. This represents a yield of 1.35%. Real Estate Investors’s payout ratio is -6,000.00%.
Insider Buying and Selling at Real Estate Investors
In related news, insider Marcus Daly purchased 250,000 shares of Real Estate Investors stock in a transaction dated Wednesday, June 26th. The shares were acquired at an average cost of GBX 37 ($0.48) per share, for a total transaction of £92,500 ($118,986.36). In related news, insider Paul Bassi purchased 107,165 shares of Real Estate Investors stock in a transaction dated Friday, June 21st. The shares were acquired at an average cost of GBX 36 ($0.46) per share, for a total transaction of £38,579.40 ($49,626.19). Also, insider Marcus Daly purchased 250,000 shares of Real Estate Investors stock in a transaction dated Wednesday, June 26th. The stock was bought at an average price of GBX 37 ($0.48) per share, for a total transaction of £92,500 ($118,986.36). Corporate insiders own 35.05% of the company’s stock.
Real Estate Investors Company Profile
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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