Regional REIT (LON:RGL) Issues Quarterly Earnings Results

Regional REIT (LON:RGL) issued its quarterly earnings results on Tuesday. The company reported GBX (33.50) (($0.43)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.

Regional REIT Stock Up 3.0 %

Shares of LON RGL traded up GBX 3.20 ($0.04) during trading hours on Thursday, hitting GBX 109 ($1.40). The company had a trading volume of 123,143 shares, compared to its average volume of 364,313. The stock has a market capitalization of £176.19 million, a P/E ratio of -0.68 and a beta of 0.90. Regional REIT has a 1-year low of GBX 99 ($1.27) and a 1-year high of GBX 255.50 ($3.29). The firm’s 50 day moving average is GBX 112.95 and its 200-day moving average is GBX 121.09. The company has a quick ratio of 1.30, a current ratio of 0.67 and a debt-to-equity ratio of 153.74.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of Regional REIT in a report on Tuesday.

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.