Shore Capital Reiterates House Stock Rating for Regional REIT (LON:RGL)

Key Points

• Regional REIT has had its "house stock" rating reiterated by Shore Capital, indicating continued confidence in the company's investment potential.
• The company's latest earnings report showed a loss of GBX (4.90) per share for the quarter, with a negative net margin of 89.90%.
• On July 7th, insider David Hunter purchased 30,000 shares at GBX 125 each, reflecting insider confidence in the company's stock.

Shore Capital reaffirmed their house stock rating on shares of Regional REIT (LON:RGL - Free Report) in a research report sent to investors on Tuesday morning, Marketbeat.com reports.

Regional REIT Price Performance

Shares of Regional REIT stock traded up GBX 0.80 on Tuesday, hitting GBX 124.80. The company's stock had a trading volume of 134,932 shares, compared to its average volume of 295,626. The company has a market capitalization of £202.29 million, a price-to-earnings ratio of -372.54 and a beta of 0.90. Regional REIT has a 1 year low of GBX 97.60 and a 1 year high of GBX 140.60. 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 fifty day moving average price of GBX 123.81 and a 200-day moving average price of GBX 116.90.

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

Insider Transactions at Regional REIT

In other news, insider David Hunter bought 30,000 shares of the firm's stock in a transaction on Monday, July 7th. The shares were bought at an average cost of GBX 125 per share, for a total transaction of £37,500. Also, insider Stephen Inglis acquired 40,000 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was acquired at an average price of GBX 124 per share, with a total value of £49,600. Corporate insiders own 1.07% 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.