Shares of Real Estate Investors Plc (LON:RLE - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 32.69 ($0.40) and traded as low as GBX 29.30 ($0.36). Real Estate Investors shares last traded at GBX 29.53 ($0.36), with a volume of 117,040 shares.
The firm has a 50-day moving average of GBX 30.61 and a 200 day moving average of GBX 32.69. The company has a current ratio of 0.19, a quick ratio of 1.61 and a debt-to-equity ratio of 53.05. The stock has a market capitalization of £54.06 million, a price-to-earnings ratio of -442.86 and a beta of 0.66.
The firm also recently declared a dividend, which will be paid on Friday, January 17th. Stockholders of record on Tuesday, December 24th will be issued a dividend of GBX 0.50 ($0.01) per share. This represents a dividend yield of 1.64%. The ex-dividend date of this dividend is Tuesday, December 24th. Real Estate Investors's dividend payout ratio (DPR) is -2,857.14%.
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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