Residential Secure Income plc (LON:RESI - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 62.20 ($0.84) and last traded at GBX 60.80 ($0.82), with a volume of 1239162 shares trading hands. The stock had previously closed at GBX 59 ($0.80).
Residential Secure Income Stock Performance
The firm has a market capitalization of £110.52 million, a price-to-earnings ratio of -11.00 and a beta of 0.21. The business's 50-day moving average is GBX 55.78 and its two-hundred day moving average is GBX 57.12.
About Residential Secure Income
(
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Residential Secure Income plc (ReSI or the Company) LSE: RESI is a real estate investment trust (REIT) focused on delivering secure, inflation-linked returns in two sub-sectors in UK residential housing; independent retirement rentals and shared ownership, which are underpinned by an ageing demographic and untapped, strong demand for affordable homes.
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