Shares of Residential Secure Income plc (LON:RESI) fell 0.9% on Thursday . The stock traded as low as GBX 106.50 ($1.45) and last traded at GBX 106.50 ($1.45). 45,201 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 119,072 shares. The stock had previously closed at GBX 107.50 ($1.46).
The firm has a market capitalization of £183.10 million and a P/E ratio of 33.44. The business has a 50-day moving average of GBX 104.91 and a 200 day moving average of GBX 104.94. The company has a current ratio of 1.05, a quick ratio of 0.52 and a debt-to-equity ratio of 107.46.
The company also recently announced a dividend, which will be paid on Friday, January 21st. Investors of record on Thursday, December 9th will be given a GBX 1.29 ($0.02) dividend. This represents a yield of 1.26%. This is a positive change from Residential Secure Income’s previous dividend of $1.25. The ex-dividend date is Thursday, December 9th. Residential Secure Income’s payout ratio is presently 1.56%.
Residential Secure Income plc (ÂReSIÂ) is a real estate investment trust (REIT) with the objective of delivering secure income returns by investing in Shared Ownership and other affordable residential asset classes. ReSI is listed on the premium segment of the Official List of the UK Listing Authority and was admitted to trading on the main market of the London Stock Exchange in July 2017, raising Â£180 million in its IPO.
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