Regional REIT (LON:RGL) Shares Pass Below 50-Day Moving Average - Should You Sell?

Regional REIT Limited (LON:RGL - Get Free Report)'s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 110.86 ($1.46) and traded as low as GBX 101.80 ($1.34). Regional REIT shares last traded at GBX 102.50 ($1.35), with a volume of 200,162 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "house stock" rating on shares of Regional REIT in a report on Tuesday, March 25th.

Regional REIT Stock Up 3.8 %

The company has a quick ratio of 1.30, a current ratio of 0.67 and a debt-to-equity ratio of 153.74. The business's fifty day moving average price is GBX 110.12 and its 200 day moving average price is GBX 118.42. The firm has a market capitalization of £178.78 million, a PE ratio of -0.69 and a beta of 0.90.

Regional REIT (LON:RGL - Get Free Report) last announced its earnings results on Tuesday, March 25th. The company reported GBX (33.50) (($0.44)) earnings per share for the quarter. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.

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.