Shore Capital Reaffirms “House Stock” Rating for Regional REIT (LON:RGL)

Shore Capital reiterated their house stock rating on shares of Regional REIT (LON:RGLFree Report) in a research note released on Tuesday morning, Marketbeat Ratings reports.

Regional REIT Stock Performance

RGL opened at GBX 109.80 ($1.42) on Tuesday. The company’s 50 day moving average is GBX 112.82 and its 200 day moving average is GBX 120.97. 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 company has a market cap of £177.48 million, a price-to-earnings ratio of -0.69 and a beta of 0.90. Regional REIT has a 12-month low of GBX 99 ($1.28) and a 12-month high of GBX 255.50 ($3.31).

Regional REIT (LON:RGLGet Free Report) last issued its quarterly earnings results on Tuesday, March 25th. The company reported GBX (33.50) (($0.43)) earnings per share 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

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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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