Regional REIT Limited (LON:RGL - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 128.30 ($1.72) and traded as high as GBX 131.60 ($1.76). Regional REIT shares last traded at GBX 129.21 ($1.73), with a volume of 727,893 shares.
Separately, Shore Capital raised shares of Regional REIT to a "hold" rating in a report on Tuesday, September 10th.
Check Out Our Latest Stock Report on Regional REIT
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 capitalization of £209.44 million, a PE ratio of -155.67 and a beta of 0.90. The company's 50 day moving average is GBX 128.30 and its two-hundred day moving average is GBX 56.99.
The firm also recently disclosed a dividend, which will be paid on Friday, October 18th. Investors of record on Thursday, September 19th will be issued a GBX 2.20 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, September 19th. This represents a dividend yield of 1.73%. This is a boost from Regional REIT's previous dividend of $1.20. Regional REIT's payout ratio is -3,614.46%.
In other Regional REIT news, insider Massy Larizadeh purchased 102,214 shares of the company's stock in a transaction on Friday, July 19th. The stock was acquired at an average price of GBX 10 ($0.13) per share, for a total transaction of £10,221.40 ($13,672.28). 21.73% of the stock is owned by company insiders.
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.
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