Regional REIT’s (RGL) “Hold” Rating Reaffirmed at Shore Capital

Regional REIT (LON:RGL)‘s stock had its “hold” rating reissued by Shore Capital in a research report issued to clients and investors on Thursday, Marketbeat reports.

Regional REIT Stock Down 1.4 %

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