Shore Capital Reaffirms Buy Rating for Regional REIT (LON:RGL)

Regional REIT (LON:RGLGet Free Report)‘s stock had its “buy” rating reissued by equities research analysts at Shore Capital in a report released on Thursday,London Stock Exchange reports.

Regional REIT Stock Up 0.4%

Shares of LON:RGL opened at GBX 113.20 ($1.53) on Thursday. Regional REIT has a 52-week low of GBX 97.60 ($1.32) and a 52-week high of GBX 249.50 ($3.38). The stock has a market cap of £182.98 million, a P/E ratio of -0.71 and a beta of 0.90. The business’s 50 day moving average is GBX 111.77 and its 200 day moving average is GBX 115.65. 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 (LON:RGLGet Free Report) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX (33.50) (($0.45)) earnings per share (EPS) for the quarter. Regional REIT had a negative return on equity of 28.79% and a negative net margin of 89.90%.

About Regional REIT

(Get Free Report)

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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