Regional REIT (LON:RGL) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Regional REIT Limited (LON:RGL) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 131.14 ($1.70) and traded as high as GBX 131.80 ($1.71). Regional REIT shares last traded at GBX 130.40 ($1.69), with a volume of 238,656 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital upgraded shares of Regional REIT to a “hold” rating in a research report on Tuesday, September 10th.

Regional REIT Price Performance

The company has a debt-to-equity ratio of 139.50, a quick ratio of 1.30 and a current ratio of 0.68. The stock has a market capitalization of £211.37 million, a PE ratio of -157.11 and a beta of 0.90. The business’s 50-day moving average price is GBX 131.14 and its 200 day moving average price is GBX 68.11.

Regional REIT Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 18th. Stockholders of record on Thursday, September 19th were issued a dividend of GBX 2.20 ($0.03) per share. This is an increase from Regional REIT’s previous dividend of $1.20. This represents a dividend yield of 1.73%. The ex-dividend date was Thursday, September 19th. Regional REIT’s payout ratio is currently -3,614.46%.

About Regional REIT

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and ARA Europe Private Markets Limited, the Investment Adviser.