Regional REIT (LON:RGL) Releases Quarterly Earnings Results

Regional REIT (LON:RGL) announced its earnings results on Tuesday. The company reported GBX (33.50) (($0.43)) earnings per share 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 Trading Up 0.8 %

Shares of RGL stock opened at GBX 104.80 ($1.35) on Tuesday. The company has a debt-to-equity ratio of 153.74, a current ratio of 0.67 and a quick ratio of 1.30. The firm has a fifty day moving average price of GBX 113.33 and a 200-day moving average price of GBX 121.35. The company has a market cap of £169.40 million, a price-to-earnings ratio of -0.65 and a beta of 0.90. Regional REIT has a 1 year low of GBX 99 ($1.28) and a 1 year high of GBX 255.50 ($3.30).

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “hold” rating on shares of Regional REIT in a research report on Thursday, February 20th.

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.