Regional REIT (LON:RGL) Stock Price Down 0.5% – Should You Sell?

Posted by Maddie Sorensen on Dec 14th, 2024

Regional REIT Limited (LON:RGL – Get Free Report) dropped 0.5% on Thursday . The stock traded as low as GBX 117.40 ($1.48) and last traded at GBX 117.40 ($1.48). Approximately 301,707 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 369,143 shares. The stock had previously closed at GBX 118 ($1.49).

Wall Street Analyst Weigh In

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

Get Our Latest Report on Regional REIT

Regional REIT Stock Performance

The firm has a market cap of £193.21 million, a price-to-earnings ratio of -143.61 and a beta of 0.90. The company has a current ratio of 0.68, a quick ratio of 1.30 and a debt-to-equity ratio of 139.50. The stock’s 50 day moving average is GBX 126.50 and its 200 day moving average is GBX 93.48.

Regional REIT Dividend Announcement

The company also recently disclosed 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 payout ratio is -3,614.46%.

Regional REIT Company Profile

(Get Free Report)

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.