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Real Estate Investors (LON:RLE) Share Price Crosses Below Two Hundred Day Moving Average - What's Next?

Real Estate Investors logo with Real Estate background

Shares of Real Estate Investors Plc (LON:RLE - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.13 ($0.43) and traded as low as GBX 32.10 ($0.40). Real Estate Investors shares last traded at GBX 32.10 ($0.40), with a volume of 26,722 shares.

Real Estate Investors Price Performance

The firm's fifty day simple moving average is GBX 33.06 and its 200 day simple moving average is GBX 34.13. 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 firm has a market cap of £55.98 million, a P/E ratio of -458.57 and a beta of 0.66.

Real Estate Investors Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, October 25th. Stockholders of record on Thursday, October 3rd were given a GBX 0.50 ($0.01) dividend. The ex-dividend date was Thursday, October 3rd. This represents a dividend yield of 1.52%. Real Estate Investors's payout ratio is -2,857.14%.

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.

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