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

Residential Secure Income (LON:RESI) released its earnings results on Wednesday. The company reported GBX (5.40) (($0.07)) earnings per share (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 Stock Performance

RESI opened at GBX 56.75 ($0.70) on Friday. The company has a debt-to-equity ratio of 140.63, a current ratio of 1.05 and a quick ratio of 0.83. The company has a market capitalization of £105.08 million, a PE ratio of -2,837.50 and a beta of 0.21. Residential Secure Income has a 1 year low of GBX 45 ($0.56) and a 1 year high of GBX 62 ($0.77). The business has a fifty day simple moving average of GBX 58.16 and a 200 day simple moving average of GBX 55.40.

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.