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

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

Regional REIT Stock Performance

Shares of RGL stock traded down GBX 5.64 ($0.07) during trading hours on Thursday, reaching GBX 16.06 ($0.20). The stock had a trading volume of 7,730,584 shares, compared to its average volume of 2,552,509. The company has a debt-to-equity ratio of 139.50, a current ratio of 0.68 and a quick ratio of 1.30. Regional REIT has a twelve month low of GBX 12.70 ($0.16) and a twelve month high of GBX 49.80 ($0.63). The firm has a 50-day simple moving average of GBX 22.91 and a 200-day simple moving average of GBX 24.57. The firm has a market capitalization of £82.83 million, a PE ratio of -123.54 and a beta of 0.86.

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 ARA Europe Private Markets Limited, the Investment Adviser.