Regional REIT (LON:RGL) Given House Stock Rating at Shore Capital

Key Points

• Regional REIT's stock has been reaffirmed with a "house stock" rating by Shore Capital, indicating continued confidence in the company's performance.
• As of the last trading session, shares of Regional REIT increased by 0.5%, opening at GBX 123.20.
• Insider activity shows that David Hunter purchased 30,000 shares at an average price of GBX 125, indicating a significant investment by company management.

Shore Capital restated their house stock rating on shares of Regional REIT (LON:RGL - Free Report) in a research report report published on Friday morning,London Stock Exchange reports.

Regional REIT Trading Up 1.0%

Shares of Regional REIT stock traded up GBX 1.20 on Friday, hitting GBX 123.80. The stock had a trading volume of 150,826 shares, compared to its average volume of 296,470. The company has a quick ratio of 1.30, a current ratio of 0.67 and a debt-to-equity ratio of 153.74. Regional REIT has a one year low of GBX 97.60 and a one year high of GBX 140.60. The stock has a market cap of £200.11 million, a price-to-earnings ratio of -0.77 and a beta of 0.90. The stock's 50-day simple moving average is GBX 122.76 and its two-hundred day simple moving average is GBX 116.31.

Insider Transactions at Regional REIT

In related news, insider David Hunter acquired 30,000 shares of Regional REIT stock in a transaction on Monday, July 7th. The shares were acquired at an average cost of GBX 125 per share, with a total value of £37,500. Insiders own 21.73% of the company's stock.

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.