Regional REIT (LON:RGL) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Regional REIT Limited (LON:RGL)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 120.42 ($1.47) and traded as high as GBX 120.60 ($1.47). Regional REIT shares last traded at GBX 118.80 ($1.45), with a volume of 175,695 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of Regional REIT in a report on Monday, October 28th.

Regional REIT Stock Performance

The firm has a market capitalization of £192.56 million, a price-to-earnings ratio of -143.13 and a beta of 0.90. The firm’s 50-day moving average price is GBX 120.42 and its two-hundred day moving average price is GBX 109.82. The company has a debt-to-equity ratio of 139.50, a quick ratio of 1.30 and a current ratio of 0.68.

Regional REIT Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, November 21st were paid a GBX 2.20 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 1.79%. Regional REIT’s dividend payout ratio is currently -3,614.46%.

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.