Stephen Inglis Purchases 40,000 Shares of Regional REIT (LON:RGL) Stock

Key Points

• Insider Stephen Inglis purchased 40,000 shares of Regional REIT stock at an average price of GBX 124, totaling £49,600.
• The company reported negative earnings per share of GBX (4.90) for the last quarter, reflecting a declining financial performance.
• Shore Capital reiterated a "house stock" rating on Regional REIT, indicating confidence in the stock among analysts.

Regional REIT Limited (LON:RGL - Get Free Report) insider Stephen Inglis acquired 40,000 shares of Regional REIT stock in a transaction dated Thursday, September 11th. The stock was acquired at an average cost of GBX 124 per share, with a total value of £49,600.

Regional REIT Stock Performance

Shares of RGL traded down GBX 1 during mid-day trading on Tuesday, hitting GBX 122. The company's stock had a trading volume of 139,924 shares, compared to its average volume of 294,137. Regional REIT Limited has a one year low of GBX 97.60 and a one year high of GBX 140. The company has a debt-to-equity ratio of 153.74, a quick ratio of 1.30 and a current ratio of 0.67. The firm has a market capitalization of £197.75 million, a PE ratio of -364.18 and a beta of 0.90. The stock's 50-day moving average is GBX 123.78 and its two-hundred day moving average is GBX 117.02.

Regional REIT (LON:RGL - Get Free Report) last posted its quarterly earnings data on Tuesday, September 9th. The company reported GBX (4.90) earnings per share for the quarter. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Regional REIT in a research report on Tuesday, September 9th.

About Regional REIT

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.