Shares of Real Estate Investors plc (LON:RLE – Get Rating) fell below its 200-day moving average during Wednesday’s trading. The stock has a 200-day moving average of 38.59 GBX ($0.47) and is trading as low as 34.98 GBX ($0.42). Real Estate Investors shares last traded at 37.25 GBX ($0.45), with a volume of 128,885 shares traded in hands.
The stock has a market capitalization of £66.82 million and a P/E ratio of 465.63. The company’s fifty-day moving average is 37.42 GBX and its 200-day moving average is 38.59 GBX. The company has a current ratio of 1.56, a quick ratio of 1.09 and a debt ratio of 87.21.
The company also recently announced a dividend, which will be paid on Friday, July 22. Shareholders of record on Thursday, June 30 will receive a dividend of 0.81 GBX ($0.01). This represents a return of 2.29%. The ex-dividend date is Thursday, June 30. The payout ratio for real estate investors is currently 46.88%.
About real estate investors (LON:RLE)
Real Estate Investors Plc is a publicly listed and internally managed real estate investment trust and REIT with a portfolio of 1.59 million square feet of mixed-use commercial properties, managed by a highly experienced real estate team with over 100 years of combined experience of operating in the Midlands property market across all sectors.
Receive daily news and reviews for real estate investors – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for real estate investors and related companies with MarketBeat.com’s free daily email newsletter.