Regional REIT (LON:RGL) Shares Down 0.5% – What’s Next?

Regional REIT Limited (LON:RGL) traded down 0.5% during trading on Thursday . The company traded as low as GBX 117.40 ($1.49) and last traded at GBX 117.40 ($1.49). 301,707 shares were traded during mid-day trading, a decline of 18% from the average session volume of 369,143 shares. The stock had previously closed at GBX 118 ($1.50).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “hold” rating on shares of Regional REIT in a research note on Monday, October 28th.

Regional REIT Stock Performance

The company has a quick ratio of 1.30, a current ratio of 0.68 and a debt-to-equity ratio of 139.50. The stock has a market cap of £190.29 million, a P/E ratio of -141.45 and a beta of 0.90. The firm’s 50-day moving average is GBX 126.70 and its two-hundred day moving average is GBX 92.82.

Regional REIT Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, November 21st will be issued a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 1.79%. Regional REIT’s dividend payout ratio is currently -3,614.46%.

About Regional REIT

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and ARA Europe Private Markets Limited, the Investment Adviser.