Capital & Regional (LON:CAL) Stock Price Passes Above Two Hundred Day Moving Average of $56.83

Capital & Regional Plc (LON:CAL)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 56.83 ($0.71) and traded as high as GBX 57.80 ($0.72). Capital & Regional shares last traded at GBX 57 ($0.71), with a volume of 105,715 shares traded.

Analysts Set New Price Targets

Separately, Numis Securities restated an “add” rating and set a GBX 70 ($0.88) price target on shares of Capital & Regional in a research note on Thursday, May 25th.

Capital & Regional Stock Up 1.8 %

The business has a 50 day moving average of GBX 56.57 and a 200-day moving average of GBX 56.83. The stock has a market cap of £100.06 million, a PE ratio of -1,140.00, a P/E/G ratio of 1.40 and a beta of 1.75. The company has a current ratio of 0.89, a quick ratio of 1.58 and a debt-to-equity ratio of 115.72.

Capital & Regional Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, August 31st will be paid a dividend of GBX 2.75 ($0.03) per share. The ex-dividend date is Thursday, August 31st. This represents a yield of 4.82%. Capital & Regional’s dividend payout ratio is presently -10,000.00%.

About Capital & Regional

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of in-town shopping centres.