Regional REIT (LON:RGL) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Regional REIT Limited (LON:RGL)’s share 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.

Analyst Ratings Changes

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

Regional REIT Stock Performance

The firm has a fifty day simple moving average of GBX 120.42 and a 200-day simple moving average of GBX 109.82. The stock has a market cap of £192.56 million, a price-to-earnings ratio of -143.13 and a beta of 0.90. The company has a current ratio of 0.68, a quick ratio of 1.30 and a debt-to-equity ratio of 139.50.

Regional REIT Dividend Announcement

The firm also recently announced 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. This represents a dividend yield of 1.79%. The ex-dividend date was Thursday, November 21st. Regional REIT’s dividend payout ratio (DPR) is presently -3,614.46%.

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.