Regional REIT (LON:RGL) Posts Earnings Results

Regional REIT (LON:RGL) released its 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 Performance

LON RGL traded up GBX 2.40 ($0.03) on Thursday, hitting GBX 108.20 ($1.39). 67,751 shares of the company’s stock traded hands, compared to its average volume of 363,405. The firm’s 50-day moving average price is GBX 112.95 and its two-hundred day moving average price is GBX 121.09. The firm has a market capitalization of £174.90 million, a PE ratio of -0.68 and a beta of 0.90. The company has a current ratio of 0.67, a quick ratio of 1.30 and a debt-to-equity ratio of 153.74. Regional REIT has a 1-year low of GBX 99 ($1.27) and a 1-year high of GBX 255.50 ($3.29).

Analyst Upgrades and Downgrades

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

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.