Shore Capital reissued their house stock rating on shares of Regional REIT (LON:RGL - Free Report) in a research note released on Tuesday morning, Marketbeat.com reports.
Regional REIT Stock Performance
RGL traded up GBX 0.80 on Tuesday, hitting GBX 124.80. 134,932 shares of the stock traded hands, compared to its average volume of 295,626. Regional REIT has a 52 week low of GBX 97.60 and a 52 week high of GBX 140.60. The company has a current ratio of 0.67, a quick ratio of 1.30 and a debt-to-equity ratio of 153.74. The firm has a market capitalization of £202.29 million, a PE ratio of -372.54 and a beta of 0.90. The business has a fifty day moving average price of GBX 123.81 and a two-hundred day moving average price of GBX 116.92.
Regional REIT (LON:RGL - Get Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The company reported GBX (4.90) earnings per share (EPS) for the quarter. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.
Insider Activity at Regional REIT
In related news, insider Stephen Inglis acquired 40,000 shares of the stock in a transaction dated Thursday, September 11th. The shares were bought at an average cost of GBX 124 per share, for a total transaction of £49,600. Also, insider David Hunter acquired 30,000 shares of the stock in a transaction dated Monday, July 7th. The stock was bought at an average price of GBX 125 per share, for a total transaction of £37,500. Corporate insiders own 1.07% of the company's stock.
About Regional REIT
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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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