Regional REIT Limited (LON:RGL) Insider David Hunter Purchases 30,000 Shares

Regional REIT Limited (LON:RGL - Get Free Report) insider David Hunter purchased 30,000 shares of the stock in a transaction that occurred on Monday, July 7th. The shares were acquired at an average cost of GBX 125 ($1.70) per share, with a total value of £37,500 ($50,944.17).

Regional REIT Stock Up 4.7%

Regional REIT stock traded up GBX 5.60 ($0.08) during trading hours on Thursday, hitting GBX 123.80 ($1.68). The stock had a trading volume of 277,329 shares, compared to its average volume of 323,801. The company has a quick ratio of 1.30, a current ratio of 0.67 and a debt-to-equity ratio of 153.74. The stock has a market capitalization of £200.11 million, a P/E ratio of -0.77 and a beta of 0.90. Regional REIT Limited has a 12-month low of GBX 97.60 ($1.33) and a 12-month high of GBX 146 ($1.98). The stock's 50-day moving average price is GBX 118.28 and its 200-day moving average price is GBX 114.59.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "buy" rating on shares of Regional REIT in a report on Thursday, May 22nd.

Regional REIT Company Profile

Regional REIT Limited is a UK based real estate investment trust, focused on building a large geographically diverse portfolio of income producing regional properties outside of the M25 motorway. Regional REIT pursues its investment objective by investing in, actively managing and disposing of regional core property and core plus property assets.