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David Hunter Buys 30,000 Shares of Regional REIT Limited (LON:RGL) Stock

Regional REIT logo with Real Estate background

Regional REIT Limited (LON:RGL - Get Free Report) insider David Hunter acquired 30,000 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was acquired at an average cost of GBX 125 ($1.71) per share, with a total value of £37,500 ($51,208.52).

Regional REIT Stock Performance

Shares of RGL stock traded down GBX 1.40 ($0.02) during trading hours on Monday, hitting GBX 124.60 ($1.70). The company's stock had a trading volume of 99,244 shares, compared to its average volume of 287,435. The company has a 50 day moving average of GBX 117.98 and a 200 day moving average of GBX 114.39. Regional REIT Limited has a 12-month low of GBX 97.60 ($1.33) and a 12-month high of GBX 146 ($1.99). The stock has a market cap of £201.41 million, a PE ratio of -0.78 and a beta of 0.90. The company has a current ratio of 0.67, a quick ratio of 1.30 and a debt-to-equity ratio of 153.74.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "buy" rating on shares of Regional REIT in a research note on Thursday, May 22nd.

Read Our Latest Analysis on RGL

About Regional REIT

(Get Free Report)

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.

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