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Real Estate Investors (LON:RLE) Issues Earnings Results

Real Estate Investors logo with Real Estate background

Key Points

  • Real Estate Investors (LON:RLE) reported earnings of GBX 0.85 per share for the quarter, reflecting a substantial negative net margin of 106.92%.
  • The company's stock opened at GBX 32.55, with a market capitalization of £56.91 million and a PE ratio of -2,411.11.
  • Real Estate Investors is a property investment company with a focus on mixed-use commercial property in the Midlands, managed by a team with over 100 years of experience in the sector.
  • MarketBeat previews top five stocks to own in October.

Real Estate Investors (LON:RLE - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported GBX 0.85 earnings per share for the quarter, Digital Look Earnings reports. Real Estate Investors had a negative net margin of 106.92% and a negative return on equity of 12.67%.

Real Estate Investors Stock Performance

LON:RLE opened at GBX 32.55 on Tuesday. The company has a fifty day moving average of GBX 31.68 and a two-hundred day moving average of GBX 31.12. The stock has a market capitalization of £56.91 million, a PE ratio of -2,411.11 and a beta of 0.66. Real Estate Investors has a fifty-two week low of GBX 27.33 and a fifty-two week high of GBX 34.51.

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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