Regional REIT (LON:RGL) Earns “House Stock” Rating from Shore Capital

Regional REIT (LON:RGL)‘s stock had its “house stock” rating restated by Shore Capital in a research report issued on Tuesday,Digital Look reports.

Regional REIT Trading Up 2.0 %

Shares of LON:RGL opened at GBX 106.07 ($1.37) on Tuesday. The stock’s 50-day simple moving average is GBX 113.33 and its two-hundred day simple moving average is GBX 121.35. The stock has a market capitalization of £171.46 million, a price-to-earnings ratio of -0.66 and a beta of 0.90. Regional REIT has a 52-week low of GBX 99 ($1.28) and a 52-week high of GBX 255.50 ($3.30). The company has a debt-to-equity ratio of 153.74, a quick ratio of 1.30 and a current ratio of 0.67.

Regional REIT (LON:RGL) last posted its quarterly earnings data on Tuesday, March 25th. The company reported GBX (33.50) (($0.43)) 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

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.