Real Estate Investors (LON:RLE) Issues Earnings Results

Real Estate Investors (LON:RLE) announced its earnings results on Tuesday. The company reported GBX (1.35) (($0.02)) earnings per share for the quarter, Digital Look Earnings reports. Real Estate Investors had a negative net margin of 106.92% and a negative return on equity of 12.67%.

Real Estate Investors Stock Performance

Real Estate Investors stock opened at GBX 28.35 ($0.37) on Tuesday. Real Estate Investors has a fifty-two week low of GBX 28 ($0.36) and a fifty-two week high of GBX 37.80 ($0.49). The stock has a market cap of £49.44 million, a price-to-earnings ratio of -4.18 and a beta of 0.66. The stock’s 50 day simple moving average is GBX 29.87 and its two-hundred day simple moving average is GBX 31.10.

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.