Massy Larizadeh Acquires 102,214 Shares of Regional REIT Limited (LON:RGL) Stock

Regional REIT Limited (LON:RGL) insider Massy Larizadeh acquired 102,214 shares of the stock in a transaction dated Friday, July 19th. The shares were bought at an average cost of GBX 10 ($0.13) per share, for a total transaction of £10,221.40 ($13,219.61).

Regional REIT Stock Performance

Shares of RGL opened at GBX 14.20 ($0.18) on Wednesday. The company has a market capitalization of £73.24 million, a PE ratio of -108.31 and a beta of 0.86. 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 Limited has a one year low of GBX 11.50 ($0.15) and a one year high of GBX 48.65 ($0.63). The company’s fifty day moving average price is GBX 19.41 and its 200 day moving average price is GBX 22.02.

Regional REIT Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 12th. Stockholders of record on Thursday, May 30th were paid a GBX 1.20 ($0.02) dividend. The ex-dividend date was Thursday, May 30th. This represents a dividend yield of 4.82%. Regional REIT’s payout ratio is presently -3,846.15%.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “sell” rating on shares of Regional REIT in a report on Thursday, June 27th.

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.