Residential Secure Income (LON:RESI) Trading Down 1.9%

Residential Secure Income plc (LON:RESI)’s stock price traded down 1.9% during trading on Friday . The stock traded as low as GBX 50.64 ($0.63) and last traded at GBX 51 ($0.63). 164,184 shares were traded during mid-day trading, a decline of 18% from the average session volume of 200,555 shares. The stock had previously closed at GBX 52 ($0.65).

Residential Secure Income Stock Performance

The company has a quick ratio of 0.83, a current ratio of 0.41 and a debt-to-equity ratio of 126.48. The company has a 50 day moving average of GBX 51.56 and a 200 day moving average of GBX 55.92. The firm has a market cap of £94.43 million, a price-to-earnings ratio of -392.31 and a beta of 0.17.

Residential Secure Income Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, March 8th. Investors of record on Thursday, February 8th were paid a GBX 1.03 ($0.01) dividend. This represents a dividend yield of 1.99%. The ex-dividend date of this dividend was Thursday, February 8th. Residential Secure Income’s dividend payout ratio (DPR) is -3,076.92%.

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.