Real Estate Investors (LON:RLE) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Real Estate Investors Plc (LON:RLEGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 31.25 ($0.41) and traded as low as GBX 28.45 ($0.37). Real Estate Investors shares last traded at GBX 28.45 ($0.37), with a volume of 84,724 shares changing hands.

Real Estate Investors Price Performance

The company’s 50-day simple moving average is GBX 29.93 and its 200-day simple moving average is GBX 31.21. The company has a market cap of £49.26 million, a price-to-earnings ratio of -4.17 and a beta of 0.66.

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.

Further Reading

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