Stephen Inglis Acquires 50,000 Shares of Regional REIT (LON:RGL) Stock

Regional REIT Limited (LON:RGL) insider Stephen Inglis purchased 50,000 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were bought at an average price of GBX 101 per share, with a total value of £50,500.

Stephen Inglis also recently made the following trade(s):

• On Thursday, September 11th, Stephen Inglis purchased 40,000 shares of Regional REIT stock. The stock was bought at an average price of GBX 124 per share, with a total value of £49,600.

Regional REIT Trading Up 2.1%

Shares of RGL stock opened at GBX 105 on Thursday. The company has a quick ratio of 1.30, a current ratio of 0.67 and a debt-to-equity ratio of 153.74. The firm has a market cap of £170.19 million, a P/E ratio of -20.59 and a beta of 0.90. The business has a 50-day moving average price of GBX 111.02 and a two-hundred day moving average price of GBX 117.63. Regional REIT Limited has a 12-month low of GBX 95.90 and a 12-month high of GBX 130.80.

Regional REIT (LON:RGL) last posted its quarterly earnings results on Tuesday, September 9th. The company reported GBX (4.90) earnings per share (EPS) for the quarter. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on RGL. Peel Hunt restated a “buy” rating and set a GBX 140 price objective on shares of Regional REIT in a research report on Thursday, September 18th. Shore Capital restated a “house stock” rating on shares of Regional REIT in a report on Wednesday, November 12th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 140.

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.