Insider Buying: Real Estate Investors Plc (LON:RLE) Insider Acquires 250,000 Shares of Stock

Real Estate Investors Plc (LON:RLE) insider Marcus Daly purchased 250,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The stock was bought at an average cost of GBX 37 ($0.47) per share, for a total transaction of £92,500 ($117,341.11).

Real Estate Investors Stock Up 1.4 %

RLE opened at GBX 36.50 ($0.46) on Thursday. Real Estate Investors Plc has a 12 month low of GBX 27.01 ($0.34) and a 12 month high of GBX 37 ($0.47). The company has a debt-to-equity ratio of 57.39, a current ratio of 0.22 and a quick ratio of 1.61. The stock has a market cap of £63.45 million, a P/E ratio of -730.00 and a beta of 0.67. The stock’s 50 day moving average price is GBX 34.98 and its 200 day moving average price is GBX 32.96.

Real Estate Investors Company Profile

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.