Residential Secure Income (LON:RESI) Posts Earnings Results

Residential Secure Income (LON:RESI) posted its quarterly earnings results on Wednesday. The company reported GBX 2.80 ($0.04) EPS for the quarter, Digital Look Earnings reports. Residential Secure Income had a negative net margin of 32.98% and a negative return on equity of 6.58%.

Residential Secure Income Stock Up 0.3%

Shares of LON:RESI opened at GBX 59.40 ($0.80) on Wednesday. The firm has a fifty day moving average of GBX 56.43 and a two-hundred day moving average of GBX 57.13. Residential Secure Income has a 12-month low of GBX 46.90 ($0.63) and a 12-month high of GBX 63.40 ($0.85). The firm has a market capitalization of £107.98 million, a P/E ratio of -10.75 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.