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Residential Secure Income (LON:RESI) Shares Down 0.4% - Here's What Happened

Residential Secure Income logo with Real Estate background

Residential Secure Income plc (LON:RESI - Get Free Report)'s share price was down 0.4% during trading on Wednesday . The company traded as low as GBX 55.40 ($0.75) and last traded at GBX 55.40 ($0.75). Approximately 10,368,795 shares traded hands during mid-day trading, an increase of 2,032% from the average daily volume of 486,371 shares. The stock had previously closed at GBX 55.60 ($0.75).

Residential Secure Income Stock Down 0.4%

The business has a fifty day simple moving average of GBX 55.47 and a 200 day simple moving average of GBX 57.09. The company has a market cap of £100.71 million, a price-to-earnings ratio of -10.03 and a beta of 0.21.

About Residential Secure Income

(Get Free Report)

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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