Regional REIT (LON:RGL) Earns Sell Rating from Shore Capital

Regional REIT (LON:RGL)‘s stock had its “sell” rating reissued by equities research analysts at Shore Capital in a research note issued to investors on Wednesday, Digital Look reports.

Regional REIT Stock Performance

Regional REIT stock traded down GBX 0.55 ($0.01) during mid-day trading on Wednesday, hitting GBX 24.35 ($0.31). 1,681,312 shares of the company’s stock traded hands, compared to its average volume of 2,824,528. The firm has a 50 day moving average price of GBX 21.14 and a 200 day moving average price of GBX 26.03. The company has a quick ratio of 1.30, a current ratio of 0.68 and a debt-to-equity ratio of 139.50. The company has a market cap of £125.58 million, a PE ratio of -187.31 and a beta of 0.86. Regional REIT has a one year low of GBX 12.70 ($0.16) and a one year high of GBX 55 ($0.70).

Regional REIT Company Profile

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 ARA Europe Private Markets Limited, the Investment Adviser.