Free Trial

Residential Secure Income (LON:RESI) Stock Price Down 0.7% - Should You Sell?

Residential Secure Income logo with Real Estate background

Residential Secure Income plc (LON:RESI - Get Free Report)'s stock price was down 0.7% during mid-day trading on Wednesday . The company traded as low as GBX 59.40 ($0.81) and last traded at GBX 59.60 ($0.81). Approximately 282,224 shares changed hands during trading, a decline of 39% from the average daily volume of 460,397 shares. The stock had previously closed at GBX 60 ($0.82).

Residential Secure Income Price Performance

The business has a fifty day moving average of GBX 57.60 and a 200-day moving average of GBX 57.19. The stock has a market capitalization of £108.34 million, a price-to-earnings ratio of -10.79 and a beta of 0.21.

Residential Secure Income (LON:RESI - Get Free Report) last posted its quarterly earnings results on Wednesday, June 18th. The company reported GBX 2.80 ($0.04) earnings per share (EPS) for the quarter. Residential Secure Income had a negative return on equity of 6.58% and a negative net margin of 32.98%. As a group, research analysts anticipate that Residential Secure Income plc will post 6.1000003 EPS for the current year.

Residential Secure Income Company Profile

(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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Residential Secure Income Right Now?

Before you consider Residential Secure Income, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Residential Secure Income wasn't on the list.

While Residential Secure Income currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines