Regional REIT (LON:RGL) Issues Quarterly Earnings Results

Regional REIT (LON:RGL - Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX (33.50) (($0.43)) earnings per share for the quarter, Digital Look Earnings reports. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.

Regional REIT Stock Performance

RGL traded up GBX 0.40 ($0.01) on Friday, reaching GBX 109.20 ($1.41). The stock had a trading volume of 305,524 shares, compared to its average volume of 364,172. The business's 50-day moving average price is GBX 112.63 and its two-hundred day moving average price is GBX 120.89. The company has a market cap of £176.51 million, a P/E ratio of -0.68 and a beta of 0.90. Regional REIT has a 12-month low of GBX 99 ($1.28) and a 12-month high of GBX 255.50 ($3.31). The company has a current ratio of 0.67, a quick ratio of 1.30 and a debt-to-equity ratio of 153.74.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a "house stock" rating on shares of Regional REIT in a report on Tuesday.

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.