Regional REIT (LON:RGL) Releases Earnings Results

Regional REIT (LON:RGL) posted its earnings results on Tuesday. The company reported GBX (33.50) (($0.43)) earnings per share 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 traded up GBX 2.60 ($0.03) during trading on Thursday, reaching GBX 108.40 ($1.40). The company’s stock had a trading volume of 67,436 shares, compared to its average volume of 363,400. The company’s fifty day moving average is GBX 112.95 and its 200-day moving average is GBX 121.09. Regional REIT has a 1 year low of GBX 99 ($1.27) and a 1 year high of GBX 255.50 ($3.29). The company has a market capitalization of £175.22 million, a P/E ratio of -0.68 and a beta of 0.90. The company has a quick ratio of 1.30, a current ratio of 0.67 and a debt-to-equity ratio of 153.74.

Wall Street Analysts Forecast Growth

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

About Regional REIT

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.