Regional REIT (LON:RGL) Stock Price Crosses Below Fifty Day Moving Average - Here's Why

Shares of Regional REIT Limited (LON:RGL - Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 118.04 ($1.46) and traded as low as GBX 113 ($1.40). Regional REIT shares last traded at GBX 117.20 ($1.45), with a volume of 84,137 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "hold" rating on shares of Regional REIT in a report on Monday, October 28th.

Regional REIT Price Performance

The stock's 50-day moving average is GBX 117.63 and its 200 day moving average is GBX 120.47. The stock has a market capitalization of £192.56 million, a PE ratio of -143.13 and a beta of 0.90. The company has a quick ratio of 1.30, a current ratio of 0.68 and a debt-to-equity ratio of 139.50.

Regional REIT Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, November 21st were paid a dividend of GBX 2.20 ($0.03) per share. 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 (DPR) is -3,614.46%.

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.