Key Points
- Insider purchase: Massy Larizadeh bought 9,000 Regional REIT shares at GBX 90 each, investing a total of £8,100.
- Share performance: RGL opened at GBX 87, with a market capitalization of approximately £141 million. The stock has traded between GBX 84.80 and GBX 121.40 over the past 52 weeks.
- Financial results and rating: Regional REIT reported quarterly earnings of GBX 4.20 per share, alongside a negative net margin and return on equity. Shore Capital Group maintained its “house stock” rating.
Regional REIT Limited (LON:RGL - Get Free Report) insider Massy Larizadeh acquired 9,000 shares of the business's stock in a transaction on Tuesday, September 29th. The shares were purchased at an average price of GBX 90 per share, for a total transaction of £8,100.
Regional REIT Price Performance
Shares of RGL opened at GBX 87 on Thursday. The firm has a market cap of £141.02 million, a price-to-earnings ratio of -8.61 and a beta of 0.69. The stock has a 50 day moving average of GBX 94.29 and a 200-day moving average of GBX 92.51. The company has a current ratio of 167.08, a quick ratio of 1.30 and a debt-to-equity ratio of 81.33. Regional REIT Limited has a 52 week low of GBX 84.80 and a 52 week high of GBX 121.40.
Regional REIT (LON:RGL - Get Free Report) last issued its quarterly earnings results on Tuesday, September 8th. The company reported GBX 4.20 earnings per share for the quarter. Regional REIT had a negative return on equity of 3.61% and a negative net margin of 15.53%.
Analyst Ratings Changes
Separately, Shore Capital Group reissued a "house stock" rating on shares of Regional REIT in a report on Tuesday, September 8th.
View Our Latest Stock Analysis on Regional REIT
Regional REIT Company Profile
(
Get Free Report)
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. It aims to deliver an attractive total return to its shareholders, with a strong focus on income supported by additional capital growth prospects.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
