Regional REIT (LON:RGL) Announces Earnings Results

Regional REIT (LON:RGL) released its quarterly earnings data 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

RGL stock traded up GBX 3.20 ($0.04) during mid-day trading on Thursday, hitting GBX 109 ($1.40). 123,143 shares of the company were exchanged, compared to its average volume of 364,313. Regional REIT has a 1-year low of GBX 99 ($1.27) and a 1-year high of GBX 255.50 ($3.29). The stock has a market capitalization of £176.19 million, a PE ratio of -0.68 and a beta of 0.90. The business has a 50 day simple moving average of GBX 112.95 and a 200-day simple moving average of GBX 121.09. The company has a current ratio of 0.67, a quick ratio of 1.30 and a debt-to-equity ratio of 153.74.

Analysts Set New Price Targets

Separately, Shore Capital reissued 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.