Shares of Residential Secure Income plc (LON:RESI – Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 58.50 ($0.74) and traded as high as GBX 60 ($0.76). Residential Secure Income shares last traded at GBX 59 ($0.75), with a volume of 37,052 shares trading hands.
Residential Secure Income Price Performance
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 fifty day moving average price of GBX 58.50 and a two-hundred day moving average price of GBX 53.48. The firm has a market capitalization of £110.06 million, a price-to-earnings ratio of -2,950.00 and a beta of 0.21.
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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