Free Trial

Regional REIT (LON:RGL) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Regional REIT logo with Real Estate background

Regional REIT Limited (LON:RGL - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 131.14 ($1.70) and traded as high as GBX 131.80 ($1.71). Regional REIT shares last traded at GBX 130.40 ($1.69), with a volume of 238,656 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital upgraded shares of Regional REIT to a "hold" rating in a research report on Tuesday, September 10th.

Get Our Latest Report on Regional REIT

Regional REIT Stock Performance

The firm has a market capitalization of £211.37 million, a P/E ratio of -157.11 and a beta of 0.90. The company's 50 day moving average is GBX 131.14 and its 200-day moving average is GBX 68.44. The company has a quick ratio of 1.30, a current ratio of 0.68 and a debt-to-equity ratio of 139.50.

Regional REIT Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 19th were paid a GBX 2.20 ($0.03) dividend. This represents a dividend yield of 1.73%. This is a positive change from Regional REIT's previous dividend of $1.20. The ex-dividend date was Thursday, September 19th. Regional REIT's dividend payout ratio (DPR) is -3,614.46%.

About Regional REIT

(Get Free Report)

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.

See Also

Should you invest $1,000 in Regional REIT right now?

Before you consider Regional REIT, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Regional REIT wasn't on the list.

While Regional REIT currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines