Regional REIT Limited (LON:RGL) Insider Acquires £10,221.40 in Stock

Regional REIT Limited (LON:RGL) insider Massy Larizadeh bought 102,214 shares of the stock in a transaction dated Friday, July 19th. The shares were acquired 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 Down 5.8 %

Shares of RGL opened at GBX 13.38 ($0.17) on Thursday. The firm’s 50 day moving average is GBX 19.20 and its 200-day moving average is GBX 21.88. The stock has a market capitalization of £69.01 million, a PE ratio of -102.92 and a beta of 0.86. The company has a current ratio of 0.68, a quick ratio of 1.30 and a debt-to-equity ratio of 139.50. Regional REIT Limited has a 12 month low of GBX 11.50 ($0.15) and a 12 month high of GBX 48.65 ($0.63).

Regional REIT Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, July 12th. Investors 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 yield of 4.82%. Regional REIT’s dividend payout ratio (DPR) is -3,846.15%.

Analysts Set New Price Targets

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

About Regional REIT

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.