Regional REIT (LON:RGL) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of Regional REIT Limited (LON:RGLGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 104.26 and traded as low as GBX 99.10. Regional REIT shares last traded at GBX 101.40, with a volume of 764,250 shares.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “house stock” rating on shares of Regional REIT in a report on Wednesday, November 12th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 140.

View Our Latest Stock Report on RGL

Regional REIT Stock Performance

The company has a debt-to-equity ratio of 153.74, a quick ratio of 1.30 and a current ratio of 0.67. The company has a market cap of £162.83 million, a price-to-earnings ratio of -19.70 and a beta of 0.90. The firm’s 50-day moving average price is GBX 104.26 and its 200 day moving average price is GBX 110.27.

Regional REIT Company Profile

(Get Free Report)

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. It aims to deliver an attractive total return to its shareholders, with a strong focus on income supported by additional capital growth prospects.

Recommended Stories

Receive News & Ratings for Regional REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regional REIT and related companies with MarketBeat.com's FREE daily email newsletter.