Regional REIT (LON:RGL) Stock Crosses Above Fifty Day Moving Average of $20.12

Regional REIT (LON:RGL) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 20.12 ($0.25) and traded as high as GBX 24.15 ($0.30). Regional REIT shares last traded at GBX 24.15 ($0.30), with a volume of 2,200,954 shares traded.

Analyst Ratings Changes

Separately, Shore Capital restated a “sell” rating on shares of Regional REIT in a report on Tuesday, April 16th.

Regional REIT Trading Down 0.8 %

The company has a quick ratio of 1.30, a current ratio of 0.68 and a debt-to-equity ratio of 139.50. The firm has a market cap of £123.52 million, a price-to-earnings ratio of -184.23 and a beta of 0.86. The company has a 50-day moving average price of GBX 20.11 and a 200 day moving average price of GBX 26.29.

Regional REIT Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Thursday, February 29th were given a dividend of GBX 1.20 ($0.02) per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a yield of 5.45%. Regional REIT’s payout ratio is presently -3,846.15%.

Regional REIT Company Profile

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and Toscafund Asset Management LLP, the Investment Manager.