Regional REIT (LON:RGL) Stock Crosses Above 50-Day Moving Average of $86.15

Shares of Regional REIT Limited (LON:RGLGet Rating) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 86.15 ($1.06) and traded as high as GBX 86.41 ($1.07). Regional REIT shares last traded at GBX 85.70 ($1.06), with a volume of 2,080,448 shares changing hands.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Regional REIT in a research report on Thursday, March 24th.

The company has a market cap of £441.99 million and a PE ratio of 13.60. The company has a quick ratio of 1.13, a current ratio of 1.46 and a debt-to-equity ratio of 89.54. The business has a 50-day simple moving average of GBX 86.15 and a 200-day simple moving average of GBX 88.75.

The company also recently announced a dividend, which was paid on Friday, April 8th. Shareholders of record on Thursday, March 3rd were given a GBX 1.70 ($0.02) dividend. This is a positive change from Regional REIT’s previous dividend of $1.60. The ex-dividend date of this dividend was Thursday, March 3rd. This represents a yield of 1.93%. Regional REIT’s payout ratio is presently 1.00%.

Regional REIT Company Profile (LON:RGL)

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and Toscafund Asset Management LLP, the Investment Manager.

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