Residential Secure Income (LON:RESI) Announces Quarterly Earnings Results

Residential Secure Income (LON:RESI) issued its earnings results on Wednesday. The company reported GBX (5.40) (($0.07)) EPS for the quarter, Digital Look Earnings reports. Residential Secure Income had a negative net margin of 11.24% and a negative return on equity of 2.24%.

Residential Secure Income Trading Up 1.8 %

Shares of RESI traded up GBX 1 ($0.01) during trading hours on Friday, reaching GBX 56.80 ($0.70). The stock had a trading volume of 367,203 shares, compared to its average volume of 271,282. The firm has a 50-day moving average of GBX 58.16 and a 200 day moving average of GBX 55.40. The company has a quick ratio of 0.83, a current ratio of 1.05 and a debt-to-equity ratio of 140.63. The company has a market cap of £105.17 million, a P/E ratio of -2,840.00 and a beta of 0.21. Residential Secure Income has a 52 week low of GBX 45 ($0.56) and a 52 week high of GBX 62 ($0.77).

Residential Secure Income Company Profile

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.