Regional REIT Limited (LON:RGL - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 120.42 ($1.47) and traded as high as GBX 120.60 ($1.47). Regional REIT shares last traded at GBX 118.80 ($1.45), with a volume of 175,695 shares trading hands.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "hold" rating on shares of Regional REIT in a report on Monday, October 28th.
Read Our Latest Stock Report on RGL
Regional REIT Stock Performance
The firm has a market capitalization of £192.56 million, a price-to-earnings ratio of -143.13 and a beta of 0.90. The firm's 50-day moving average price is GBX 120.42 and its two-hundred day moving average price is GBX 109.82. The company has a debt-to-equity ratio of 139.50, a quick ratio of 1.30 and a current ratio of 0.68.
Regional REIT Announces Dividend
The business also recently disclosed a dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, November 21st were paid a GBX 2.20 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 1.79%. Regional REIT's dividend payout ratio is currently -3,614.46%.
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
