Regional REIT (LON:RGL) Rating Reiterated by Shore Capital

Shore Capital reissued their sell rating on shares of Regional REIT (LON:RGL) in a research report report published on Thursday morning, Marketbeat Ratings reports.

Regional REIT Trading Down 3.5 %

Shares of LON RGL opened at GBX 15.50 ($0.20) on Thursday. Regional REIT has a twelve month low of GBX 12.70 ($0.16) and a twelve month high of GBX 49.80 ($0.63). The stock has a market cap of £79.94 million, a price-to-earnings ratio of -120.46 and a beta of 0.86. 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’s fifty day moving average is GBX 22.81 and its 200-day moving average is GBX 24.47.

Regional REIT Announces Dividend

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