Regional REIT (LON:RGL) Stock Passes Below 50-Day Moving Average – What’s Next?

Regional REIT Limited (LON:RGL) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 124.79 ($1.57) and traded as low as GBX 119.20 ($1.50). Regional REIT shares last traded at GBX 119.40 ($1.50), with a volume of 48,656 shares trading hands.

Analyst Ratings Changes

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

Regional REIT Stock 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 firm has a 50 day moving average price of GBX 124.53 and a 200 day moving average price of GBX 98.05. The stock has a market cap of £193.54 million, a PE ratio of -143.86 and a beta of 0.90.

Regional REIT Announces Dividend

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

About Regional REIT

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.