Shares of Real Estate Investors Plc (LON:RLE - Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 28 ($0.36) and last traded at GBX 28.90 ($0.37), with a volume of 786992 shares. The stock had previously closed at GBX 28.50 ($0.37).
Real Estate Investors Trading Up 0.8 %
The stock has a market cap of £52.75 million, a P/E ratio of -4.46 and a beta of 0.66. The stock's fifty day moving average price is GBX 29.86 and its 200 day moving average price is GBX 31.03.
Real Estate Investors (LON:RLE - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX (1.35) (($0.02)) earnings per share (EPS) for the quarter. Real Estate Investors had a negative net margin of 106.92% and a negative return on equity of 12.67%. As a group, sell-side analysts forecast that Real Estate Investors Plc will post 4.3650794 earnings per share for the current year.
Real Estate Investors Cuts Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 3rd will be paid a dividend of GBX 0.40 ($0.01) per share. This represents a yield of 1.37%. The ex-dividend date is Thursday, April 3rd. Real Estate Investors's payout ratio is currently -29.49%.
Insider Transactions at Real Estate Investors
In other news, insider Paul Bassi acquired 500,000 shares of the stock in a transaction on Tuesday, March 25th. The stock was acquired at an average cost of GBX 29 ($0.38) per share, for a total transaction of £145,000 ($187,677.97). 18.86% of the stock is owned by corporate insiders.
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.
See Also
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
