Real Estate Investors PLC. (LON:RLE) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $54.65 and traded as low as $54.25. Real Estate Investors shares last traded at $55.00, with a volume of 151,084 shares traded.
Separately, Liberum Capital reaffirmed a “buy” rating on shares of Real Estate Investors in a research report on Tuesday, March 12th.
The firm has a 50-day moving average price of GBX 54.61. The company has a current ratio of 2.05, a quick ratio of 1.35 and a debt-to-equity ratio of 79.11. The company has a market capitalization of $102.53 million and a PE ratio of 12.50.
Real Estate Investors Company Profile (LON:RLE)
Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.5 million sq ft of predominantly 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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