Real Estate Investors (LON:RLE) Stock Price Up 3% – Here’s Why

by · The Cerbat Gem

Real Estate Investors Plc (LON:RLE – Get Free Report)’s stock price shot up 3% during trading on Tuesday . The stock traded as high as GBX 34.51 ($0.45) and last traded at GBX 34 ($0.44). 399,970 shares changed hands during trading, an increase of 140% from the average session volume of 166,638 shares. The stock had previously closed at GBX 33 ($0.43).

Real Estate Investors Stock Up 3.0 %

The company has a debt-to-equity ratio of 53.05, a current ratio of 0.19 and a quick ratio of 1.61. The business’s fifty day moving average price is GBX 32.83 and its two-hundred day moving average price is GBX 34.17. The stock has a market capitalization of £59.29 million, a PE ratio of -485.71 and a beta of 0.66.

Real Estate Investors Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 25th. Shareholders of record on Thursday, October 3rd were paid a dividend of GBX 0.50 ($0.01) per share. This represents a yield of 1.52%. The ex-dividend date of this dividend was Thursday, October 3rd. 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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