Regional REIT (LON:RGL) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

Regional REIT Limited (LON:RGL)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 121.78 ($1.49) and traded as low as GBX 113 ($1.38). Regional REIT shares last traded at GBX 114.60 ($1.40), with a volume of 443,291 shares.

Analyst Ratings Changes

Separately, Shore Capital restated a “hold” rating on shares of Regional REIT in a research note on Monday, October 28th.

Regional REIT Price Performance

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 cap of £185.43 million, a price-to-earnings ratio of -137.83 and a beta of 0.90. The stock’s 50-day simple moving average is GBX 121.25 and its 200 day simple moving average is GBX 106.50.

Regional REIT Announces Dividend

The company also recently announced a dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, November 21st were given a GBX 2.20 ($0.03) dividend. This represents a yield of 1.79%. The ex-dividend date was Thursday, November 21st. Regional REIT’s payout ratio is -3,614.46%.

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.