Real Estate Investors Plc (LON:RLE – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 34.29 ($0.45) and traded as low as GBX 32.27 ($0.42). Real Estate Investors shares last traded at GBX 32.50 ($0.42), with a volume of 235,645 shares.
Real Estate Investors Stock Performance
The company’s 50-day moving average price is GBX 35.11 and its two-hundred day moving average price is GBX 34.29. The stock has a market cap of £57.14 million, a PE ratio of -650.00 and a beta of 0.68. The company has a debt-to-equity ratio of 57.39, a quick ratio of 1.61 and a current ratio of 0.22.
Real Estate Investors Cuts Dividend
The company also recently declared a dividend, which was paid on Wednesday, July 31st. Shareholders of record on Thursday, July 11th were given a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date of this dividend was Thursday, July 11th. This represents a yield of 1.35%. Real Estate Investors’s payout ratio is -4,000.00%.
Insider Transactions at Real Estate Investors
In other news, insider Marcus Daly acquired 250,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 26th. The shares were bought at an average cost of GBX 37 ($0.48) per share, with a total value of £92,500 ($120,192.31). In other Real Estate Investors news, insider Marcus Daly bought 250,000 shares of Real Estate Investors stock in a transaction that occurred on Wednesday, June 26th. The shares were bought at an average price of GBX 37 ($0.48) per share, with a total value of £92,500 ($120,192.31). Also, insider Paul Bassi bought 107,165 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was acquired at an average price of GBX 36 ($0.47) per share, for a total transaction of £38,579.40 ($50,129.16). Company insiders own 26.15% of the company’s stock.
About Real Estate Investors
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
Receive News & Ratings for Real Estate Investors Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Real Estate Investors and related companies with MarketBeat.com’s FREE daily email newsletter.