Real Estate Investors Plc (LON:RLE - Get Free Report)'s stock price shot up 3% during trading on Tuesday . The company traded as high as GBX 34.51 ($0.45) and last traded at GBX 34 ($0.44). 399,970 shares were traded during trading, an increase of 140% from the average session volume of 166,638 shares. The stock had previously closed at GBX 33 ($0.43).
Real Estate Investors Trading Up 3.0 %
The stock has a fifty day moving average of GBX 32.83 and a 200 day moving average of GBX 34.17. The company has a debt-to-equity ratio of 53.05, a quick ratio of 1.61 and a current ratio of 0.19. The company has a market capitalization of £59.29 million, a PE ratio of -485.71 and a beta of 0.66.
Real Estate Investors Announces Dividend
The firm also recently disclosed a dividend, which was paid on Friday, October 25th. Shareholders of record on Thursday, October 3rd were given a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a yield of 1.52%. Real Estate Investors's dividend payout ratio (DPR) is currently -2,857.14%.
About Real Estate Investors
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Real Estate Investors, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Real Estate Investors wasn't on the list.
While Real Estate Investors currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.