Regional REIT (LON:RGL) Posts 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 Price Performance

Shares of Regional REIT stock traded up GBX 2.40 ($0.03) on Thursday, reaching GBX 108.20 ($1.39). 122,322 shares of the stock were exchanged, compared to its average volume of 364,300. The company has a debt-to-equity ratio of 153.74, a quick ratio of 1.30 and a current ratio of 0.67. The firm has a market cap of £174.90 million, a PE ratio of -0.68 and a beta of 0.90. The firm’s 50 day moving average is GBX 112.95 and its 200-day moving average is GBX 121.09. Regional REIT has a one year low of GBX 99 ($1.27) and a one year high of GBX 255.50 ($3.29).

Analyst Upgrades and Downgrades

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