Regional REIT Limited (LON:RGL - Get Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 116.56 ($1.49) and traded as low as GBX 112 ($1.43). Regional REIT shares last traded at GBX 113.40 ($1.45), with a volume of 346,262 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "hold" rating on shares of Regional REIT in a research note on Thursday, February 20th.
Read Our Latest Stock Report on RGL
Regional REIT Trading Down 1.2 %
The business has a 50-day moving average price of GBX 116.34 and a two-hundred day moving average price of GBX 123.87. The stock has a market capitalization of £179.42 million, a P/E ratio of -0.69 and a beta of 0.90. The company has a current ratio of 0.67, a quick ratio of 1.30 and a debt-to-equity ratio of 153.74.
About Regional REIT
(
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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.
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