Regional REIT (LON:RGL) Stock: Insider Massy Larizadeh Purchases 9,000 Shares

Regional REIT Limited (LON:RGL) insider Massy Larizadeh bought 9,000 shares of the business’s stock in a transaction on Tuesday, September 29th. The stock was bought at an average price of GBX 90 per share, for a total transaction of £8,100.

Regional REIT Price Performance

Shares of LON:RGL traded down GBX 0.25 during trading on Wednesday, hitting GBX 88.75. 91,710 shares of the company were exchanged, compared to its average volume of 533,987. Regional REIT Limited has a 1-year low of GBX 84.80 and a 1-year high of GBX 121.40. The company has a market capitalization of £143.85 million, a P/E ratio of -8.79 and a beta of 0.69. The company has a quick ratio of 1.30, a current ratio of 167.08 and a debt-to-equity ratio of 81.33. The business’s 50 day moving average is GBX 94.53 and its 200-day moving average is GBX 92.60.

Regional REIT (LON:RGL) last released its quarterly earnings data on Tuesday, September 8th. The company reported GBX 4.20 earnings per share for the quarter. Regional REIT had a negative return on equity of 3.61% and a negative net margin of 15.53%.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Regional REIT in a report on Tuesday, September 8th.

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.