Regional REIT (LON:RGL) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Regional REIT Limited (LON:RGL)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 113.11 and traded as low as GBX 101. Regional REIT shares last traded at GBX 101.20, with a volume of 426,988 shares trading hands.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Peel Hunt reiterated 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 reiterated 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 MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 140.

Regional REIT Stock Down 0.8%

The company has a debt-to-equity ratio of 153.74, a quick ratio of 1.30 and a current ratio of 0.67. The firm’s 50 day moving average price is GBX 113.11 and its two-hundred day moving average price is GBX 118.19. The company has a market cap of £162.74 million, a P/E ratio of -19.69 and a beta of 0.90.

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

Insider Activity at Regional REIT

In other news, insider Stephen Inglis bought 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The stock was acquired at an average cost of GBX 124 per share, with a total value of £49,600. 1.10% of the stock is currently owned by corporate insiders.

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.