Real Estate Investors Plc (LON:RLE - Get Free Report) insider Paul Bassi acquired 500,000 shares of the stock in a transaction dated Tuesday, March 25th. The stock was bought at an average price of GBX 29 ($0.38) per share, for a total transaction of £145,000 ($187,677.97).
Real Estate Investors Trading Up 0.8 %
Shares of Real Estate Investors stock traded up GBX 0.25 ($0.00) during trading on Friday, reaching GBX 30.25 ($0.39). The company's stock had a trading volume of 887,044 shares, compared to its average volume of 250,362. The stock has a market capitalization of £52.75 million, a P/E ratio of -4.46 and a beta of 0.66. The stock has a 50-day moving average price of GBX 29.86 and a two-hundred day moving average price of GBX 31.03. Real Estate Investors Plc has a one year low of GBX 28 ($0.36) and a one year high of GBX 37.80 ($0.49).
Real Estate Investors (LON:RLE - Get Free Report) last posted its quarterly earnings data 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 return on equity of 12.67% and a negative net margin of 106.92%. As a group, sell-side analysts anticipate that Real Estate Investors Plc will post 4.3650794 EPS for the current fiscal year.
Real Estate Investors Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 3rd will be issued a GBX 0.40 ($0.01) dividend. The ex-dividend date is Thursday, April 3rd. This represents a dividend yield of 1.37%. Real Estate Investors's dividend payout ratio is currently -29.49%.
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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