Regional REIT’s (RGL) “Sell” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their sell rating on shares of Regional REIT (LON:RGL) in a report issued on Wednesday, Marketbeat Ratings reports.

Regional REIT Stock Up 2.1 %

Shares of LON:RGL opened at GBX 24.75 ($0.31) on Wednesday. The stock has a market cap of £127.65 million, a P/E ratio of -186.54 and a beta of 0.86. The firm has a fifty day moving average price of GBX 21.35 and a 200 day moving average price of GBX 25.99. The company has a debt-to-equity ratio of 139.50, a current ratio of 0.68 and a quick ratio of 1.30. Regional REIT has a 1-year low of GBX 12.70 ($0.16) and a 1-year high of GBX 55 ($0.70).

Regional REIT Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 12th. Investors of record on Thursday, May 30th will be paid a dividend of GBX 1.20 ($0.02) per share. This represents a yield of 4.82%. The ex-dividend date of this dividend is Thursday, May 30th. Regional REIT’s dividend payout ratio is currently -3,846.15%.

Regional REIT Company Profile

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.