Regional REIT (LON:RGL) Earns House Stock Rating from Shore Capital Group

Regional REIT (LON:RGL)‘s stock had its “house stock” rating reiterated by analysts at Shore Capital Group in a research report issued to clients and investors on Tuesday,Digital Look reports.

Regional REIT Trading Up 0.9%

LON RGL opened at GBX 89.80 on Tuesday. The company has a market cap of £145.56 million, a PE ratio of -8.89 and a beta of 0.61. The company has a current ratio of 117.42, a quick ratio of 1.30 and a debt-to-equity ratio of 85.73. Regional REIT has a 12 month low of GBX 84.80 and a 12 month high of GBX 129.20. The stock has a 50 day moving average of GBX 91.15 and a 200-day moving average of GBX 99.50.

Regional REIT (LON:RGL) last announced its quarterly earnings results on Tuesday, March 24th. The company reported GBX (10.10) earnings per share (EPS) for the quarter. Regional REIT had a negative net margin of 20.80% and a negative return on equity of 4.99%.

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