Stephen Inglis Purchases 50,000 Shares of Regional REIT (LON:RGL) Stock

Regional REIT Limited (LON:RGL) insider Stephen Inglis bought 50,000 shares of Regional REIT stock in a transaction dated Friday, November 21st. The stock was acquired at an average price of GBX 101 per share, with a total value of £50,500.

Stephen Inglis also recently made the following trade(s):

• On Thursday, September 11th, Stephen Inglis bought 40,000 shares of Regional REIT stock. The stock was acquired at an average cost of GBX 124 per share, for a total transaction of £49,600.

Regional REIT Trading Up 0.2%

Regional REIT stock traded up GBX 0.20 during trading on Tuesday, reaching GBX 101.60. 344,514 shares of the company were exchanged, compared to its average volume of 288,018. The stock’s 50 day simple moving average is GBX 111.74 and its two-hundred day simple moving average is GBX 117.81. The company has a market capitalization of £164.68 million, a P/E ratio of -19.92 and a beta of 0.90. The company has a debt-to-equity ratio of 153.74, a current ratio of 0.67 and a quick ratio of 1.30. Regional REIT Limited has a 52-week low of GBX 97.60 and a 52-week high of GBX 130.80.

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

Analyst Ratings Changes

RGL has been the subject of a number of recent research reports. Peel Hunt reiterated a “buy” rating and issued a GBX 140 target price on shares of Regional REIT in a report on Thursday, September 18th. Shore Capital reaffirmed a “house stock” rating on shares of Regional REIT in a research report on Wednesday, November 12th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 140.

Regional REIT Company Profile

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.