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Monday, August 8, 2016

$NCT cheapest #stock by PE in Real Estate Investment Trusts industry; PE 3.59 vs.avg. 36.24717

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 3.59 while the average stock in the industry goes for
36.24717.

By book value, the stock has been trading at 1.62 times P/B.

The stock last changed hands for $4.68. In the past year, it has traded in
a range between $2.55 - $5.23

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