Regional REIT (LON:RGL) Stock Rating Reaffirmed by Shore Capital

Shore Capital reissued their sell rating on shares of Regional REIT (LON:RGL) in a research report sent to investors on Wednesday morning, MarketBeat.com reports.

Regional REIT Stock Down 1.1 %

Shares of RGL opened at GBX 22.90 ($0.29) on Wednesday. The company has a market cap of £118.10 million, a PE ratio of -176.15 and a beta of 0.86. The business has a fifty day moving average of GBX 21.62 and a 200 day moving average of GBX 25.93. Regional REIT has a 52-week low of GBX 12.70 ($0.16) and a 52-week high of GBX 52.36 ($0.67). The company has a quick ratio of 1.30, a current ratio of 0.68 and a debt-to-equity ratio of 139.50.

Regional REIT Dividend Announcement

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