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

Regional REIT Limited (LON:RGL) insider Massy Larizadeh purchased 102,214 shares of Regional REIT stock in a transaction that occurred on Friday, July 19th. The stock was acquired at an average cost of GBX 10 ($0.13) per share, with a total value of £10,221.40 ($13,219.61).

Regional REIT Trading Down 5.8 %

Shares of LON RGL opened at GBX 13.38 ($0.17) on Thursday. The stock’s 50 day moving average price is GBX 19.20 and its two-hundred day moving average price is GBX 21.88. Regional REIT Limited has a 52-week low of GBX 11.50 ($0.15) and a 52-week high of GBX 48.65 ($0.63). The stock has a market capitalization of £69.01 million, a P/E ratio of -102.92 and a beta of 0.86. 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 disclosed a dividend, which was paid on Friday, July 12th. Shareholders of record on Thursday, May 30th were paid a dividend of GBX 1.20 ($0.02) per share. This represents a yield of 4.82%. The ex-dividend date was Thursday, May 30th. Regional REIT’s payout ratio is currently -3,846.15%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued 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.