Liberum Capital restated their buy rating on shares of Real Estate Investors (LON:RLE) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.
Shares of LON RLE opened at GBX 53 ($0.69) on Monday. The firm has a market cap of $98.80 million and a PE ratio of 12.05. Real Estate Investors has a 12-month low of GBX 48 ($0.63) and a 12-month high of GBX 59 ($0.77). The company’s fifty day simple moving average is GBX 53.90 and its 200 day simple moving average is GBX 54.01. The company has a quick ratio of 1.35, a current ratio of 2.05 and a debt-to-equity ratio of 79.11.
The business also recently announced a dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, September 26th will be paid a dividend of GBX 0.94 ($0.01) per share. This represents a yield of 1.75%. The ex-dividend date is Thursday, September 26th. Real Estate Investors’s dividend payout ratio is presently 0.91%.
In related news, insider John Rawcliffe Airey Crabtree OBE bought 45,901 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were acquired at an average cost of GBX 54 ($0.71) per share, with a total value of £24,786.54 ($32,388.00).
Real Estate Investors Company Profile
Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of 1.5 million sq ft of predominantly 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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