Paul Bassi Purchases 107,165 Shares of Real Estate Investors Plc (LON:RLE) Stock

Real Estate Investors Plc (LON:RLE) insider Paul Bassi bought 107,165 shares of the business’s stock in a transaction dated Friday, June 21st. The shares were purchased at an average price of GBX 36 ($0.46) per share, for a total transaction of £38,579.40 ($48,940.00).

Real Estate Investors Price Performance

RLE opened at GBX 36 ($0.46) on Wednesday. The stock has a market capitalization of £62.58 million, a P/E ratio of -720.00 and a beta of 0.67. Real Estate Investors Plc has a one year low of GBX 27.01 ($0.34) and a one year high of GBX 37 ($0.47). The business’s 50-day simple moving average is GBX 34.94 and its 200-day simple moving average is GBX 32.94. The company has a debt-to-equity ratio of 57.39, a quick ratio of 1.61 and a current ratio of 0.22.

About Real Estate Investors

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.