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Regional REIT (LON:RGL) Shares Pass Below 50-Day Moving Average - Here's Why

Regional REIT logo with Real Estate background
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Regional REIT Limited (LON:RGL - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 114.45 ($1.48) and traded as low as GBX 103.60 ($1.34). Regional REIT shares last traded at GBX 107.40 ($1.39), with a volume of 395,258 shares.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "hold" rating on shares of Regional REIT in a report on Thursday, February 20th.

View Our Latest Report on Regional REIT

Regional REIT Stock Performance

The company has a market cap of £167.46 million, a price-to-earnings ratio of -0.65 and a beta of 0.90. The firm's 50 day simple moving average is GBX 113.76 and its 200-day simple moving average is GBX 121.67. The company has a debt-to-equity ratio of 153.74, a quick ratio of 1.30 and a current ratio of 0.67.

About Regional REIT

(Get Free Report)

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.

Further Reading

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