Regional REIT (LON:RGL) Announces Earnings Results

Regional REIT (LON:RGL) issued its earnings results on Tuesday. The company reported GBX 4.20 EPS for the quarter, Digital Look Earnings reports. Regional REIT had a negative return on equity of 3.61% and a negative net margin of 15.53%.

Regional REIT Stock Performance

Shares of LON RGL remained flat at GBX 93.10 during trading on Friday. The company’s stock had a trading volume of 221,089 shares, compared to its average volume of 552,613. The company has a 50-day moving average price of GBX 96.11 and a two-hundred day moving average price of GBX 93.43. The firm has a market cap of £150.90 million, a PE ratio of -9.22 and a beta of 0.69. Regional REIT has a twelve month low of GBX 84.80 and a twelve month high of GBX 126.80. The company has a debt-to-equity ratio of 3.69, a quick ratio of 1.30 and a current ratio of 167.08.

Wall Street Analyst Weigh In

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

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