Shore Capital Reaffirms “Hold” Rating for Regional REIT (LON:RGL)

Regional REIT (LON:RGL)‘s stock had its “hold” rating reiterated by research analysts at Shore Capital in a research report issued on Thursday, MarketBeat.com reports.

Regional REIT Trading Down 1.4 %

RGL traded down GBX 1.60 ($0.02) during trading hours on Thursday, reaching GBX 114.60 ($1.44). 826,311 shares of the company’s stock traded hands, compared to its average volume of 301,898. The company has a quick ratio of 1.30, a current ratio of 0.67 and a debt-to-equity ratio of 153.74. The firm has a 50-day moving average price of GBX 116.95 and a 200 day moving average price of GBX 124.58. Regional REIT has a 52-week low of GBX 111.19 ($1.40) and a 52-week high of GBX 261 ($3.28). The firm has a market capitalization of £185.24 million, a PE ratio of -0.72 and a beta of 0.90.

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.