Regional REIT (LON:RGL) Insider Purchases £8,100 in Stock

Regional REIT Limited (LON:RGL) insider Massy Larizadeh acquired 9,000 shares of the stock in a transaction on Tuesday, September 29th. The stock was bought at an average price of GBX 90 per share, for a total transaction of £8,100.

Regional REIT Stock Performance

RGL opened at GBX 85.90 on Friday. The stock has a market cap of £139.23 million, a P/E ratio of -8.50 and a beta of 0.69. The company has a debt-to-equity ratio of 81.33, a current ratio of 167.08 and a quick ratio of 1.30. The firm has a fifty day moving average price of GBX 93.80 and a 200 day moving average price of GBX 92.37. Regional REIT Limited has a 1 year low of GBX 84.80 and a 1 year high of GBX 119.80.

Regional REIT (LON:RGL) last released its quarterly earnings data on Tuesday, September 8th. The company reported GBX 4.20 earnings per share for the quarter. Regional REIT had a negative net margin of 15.53% and a negative return on equity of 3.61%.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Regional REIT in a report on Tuesday, September 8th.

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. It aims to deliver an attractive total return to its shareholders, with a strong focus on income supported by additional capital growth prospects.