Residential Secure Income plc (LON:RESI – Get Free Report) shares fell 2.1% during mid-day trading on Wednesday . The stock traded as low as GBX 52.80 ($0.64) and last traded at GBX 56 ($0.68). 396,045 shares traded hands during trading, an increase of 83% from the average session volume of 215,964 shares. The stock had previously closed at GBX 57.20 ($0.70).
Residential Secure Income Stock Down 5.9 %
The company has a market capitalization of £100.36 million, a PE ratio of -2,710.00 and a beta of 0.21. The company has a current ratio of 1.05, a quick ratio of 0.83 and a debt-to-equity ratio of 140.63. The business has a fifty day moving average of GBX 58.48 and a 200 day moving average of GBX 54.95.
About Residential Secure Income
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.
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