Regional REIT Limited (LON:RGL - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 116.25 ($1.57) and traded as high as GBX 125.40 ($1.70). Regional REIT shares last traded at GBX 124.60 ($1.69), with a volume of 73,652 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "house stock" rating on shares of Regional REIT in a research report on Friday.
Check Out Our Latest Report on Regional REIT
Regional REIT Stock Performance
The stock has a market capitalization of £200.11 million, a price-to-earnings ratio of -0.77 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. The stock's 50 day moving average is GBX 122.76 and its two-hundred day moving average is GBX 116.34.
Insiders Place Their Bets
In related news, insider David Hunter bought 30,000 shares of Regional REIT stock in a transaction that occurred on Monday, July 7th. The stock was purchased 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
(
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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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