Regional REIT (LON:RGL) Announces Quarterly Earnings Results

Regional REIT (LON:RGL) announced its quarterly earnings results on Tuesday. The company reported GBX (33.50) (($0.43)) EPS for the quarter, Digital Look Earnings reports. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.

Regional REIT Price Performance

RGL stock opened at GBX 109 ($1.40) on Thursday. Regional REIT has a 12-month low of GBX 99 ($1.27) and a 12-month high of GBX 255.50 ($3.29). The stock has a market capitalization of £176.19 million, a price-to-earnings ratio of -0.68 and a beta of 0.90. The company has a current ratio of 0.67, a quick ratio of 1.30 and a debt-to-equity ratio of 153.74. The firm’s 50-day moving average price is GBX 112.95 and its two-hundred day moving average price is GBX 121.09.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Regional REIT in a research note on Tuesday.

Regional REIT Company Profile

Regional REIT Limited is a UK based real estate investment trust, focused on building a large geographically diverse portfolio of income producing regional properties outside of the M25 motorway.

Regional REIT pursues its investment objective by investing in, actively managing and disposing of regional core property and core plus property assets.