Regional REIT (LON:RGL) Issues Earnings Results

Regional REIT (LON:RGL) issued its quarterly earnings results on Tuesday. The company reported GBX 4.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Regional REIT had a negative return on equity of 4.99% and a negative net margin of 20.80%.

Regional REIT Trading Up 1.4%

Shares of Regional REIT stock traded up GBX 1.30 on Tuesday, reaching GBX 95.70. 126,528 shares of the company were exchanged, compared to its average volume of 556,405. Regional REIT has a fifty-two week low of GBX 84.80 and a fifty-two week high of GBX 126.80. The firm has a market capitalization of £155.12 million, a price-to-earnings ratio of -9.48 and a beta of 0.69. The company has a current ratio of 117.42, a quick ratio of 1.30 and a debt-to-equity ratio of 85.73. The stock has a fifty day moving average price of GBX 96.09 and a 200-day moving average price of GBX 93.62.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of Regional REIT in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 140.

About Regional REIT

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. It aims to deliver an attractive total return to its shareholders, with a strong focus on income supported by additional capital growth prospects.