Residential Secure Income (LON:RESI) Posts Earnings Results

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

Residential Secure Income Stock Up 3.5 %

Shares of Residential Secure Income stock opened at GBX 56.11 ($0.69) on Thursday. The company has a quick ratio of 0.83, a current ratio of 1.05 and a debt-to-equity ratio of 140.63. Residential Secure Income has a 12 month low of GBX 45 ($0.55) and a 12 month high of GBX 62 ($0.76). The business has a fifty day simple moving average of GBX 58.19 and a 200 day simple moving average of GBX 55.35. The stock has a market cap of £103.89 million, a PE ratio of -2,805.40 and a beta of 0.21.

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.