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Friday, August 19, 2016

$NCT cheapest #stock by PE in Real Estate Investment Trusts industry; PE 4.15 vs.avg. 35.981873

By one measure, price-to-earnings ratio, Newcastle Investment Corporatio -
$NCT is the cheapest stock in the Real Estate Investment Trusts industry.

NCT has a P/E of 4.15 while the average stock in the industry goes for
35.981873.

By book value, the stock has been trading at 1.58 times P/B.

The stock last changed hands for $4.53. In the past year, it has traded in
a range between $2.55 - $5.23

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