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

Shore Capital restated their house stock rating on shares of Regional REIT (LON:RGL) in a report released on Tuesday, MarketBeat Ratings reports.

Regional REIT Stock Up 1.7 %

LON:RGL opened at GBX 105.80 ($1.37) on Tuesday. Regional REIT has a 52 week low of GBX 99 ($1.28) and a 52 week high of GBX 255.50 ($3.31). The stock’s fifty day moving average is GBX 113.14 and its two-hundred day moving average is GBX 121.21. The stock has a market capitalization of £171.02 million, a price-to-earnings ratio of -0.66 and a beta of 0.90. 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: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 net margin of 89.90% and a negative return on equity of 28.79%.

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.