Regional REIT (LON:RGL) Posts Quarterly Earnings Results

Regional REIT (LON:RGL) released its earnings results on Tuesday. The company reported GBX (10.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Regional REIT had a negative return on equity of 5.90% and a negative net margin of 23.42%.

Regional REIT Stock Down 3.0%

Shares of LON:RGL traded down GBX 2.77 during trading hours on Tuesday, hitting GBX 89.74. The company’s stock had a trading volume of 885,880 shares, compared to its average volume of 1,068,264. The firm’s fifty day moving average price is GBX 101.98 and its 200 day moving average price is GBX 107. Regional REIT has a 52 week low of GBX 85.09 and a 52 week high of GBX 129.20. The company has a market capitalization of £145.45 million, a price-to-earnings ratio of -17.60 and a beta of 0.64. The company has a debt-to-equity ratio of 94.61, a current ratio of 1.88 and a quick ratio of 1.30.

Regional REIT Company Profile

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.