Regional REIT’s (RGL) Sell Rating Reiterated at Shore Capital

Shore Capital reaffirmed their sell rating on shares of Regional REIT (LON:RGL) in a research note published on Tuesday morning, MarketBeat reports.

Regional REIT Stock Up 1.6 %

LON RGL opened at GBX 21.75 ($0.27) on Tuesday. The company has a current ratio of 0.68, a quick ratio of 1.30 and a debt-to-equity ratio of 139.50. Regional REIT has a 1-year low of GBX 12.70 ($0.16) and a 1-year high of GBX 56 ($0.70). The company has a 50 day moving average of GBX 19.97 and a 200-day moving average of GBX 26.63. The company has a market cap of £112.17 million, a price-to-earnings ratio of -167.31 and a beta of 0.86.

Regional REIT Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Thursday, February 29th were paid a dividend of GBX 1.20 ($0.01) per share. The ex-dividend date was Thursday, February 29th. This represents a dividend yield of 5.45%. Regional REIT’s payout ratio is presently -3,846.15%.

Regional REIT Company Profile

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 Toscafund Asset Management LLP, the Investment Manager.