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

Residential Secure Income (LON:RESI) issued its quarterly earnings data 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 Trading Up 3.5 %

Shares of RESI opened at GBX 56.11 ($0.69) on Thursday. The stock has a fifty day moving average price of GBX 58.19 and a two-hundred day moving average price of GBX 55.35. The company has a debt-to-equity ratio of 140.63, a quick ratio of 0.83 and a current ratio of 1.05. Residential Secure Income has a 52-week low of GBX 45 ($0.55) and a 52-week high of GBX 62 ($0.76). The company has a market cap of £103.89 million, a price-to-earnings ratio of -2,805.40 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.