Regional REIT (LON:RGL) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

Regional REIT Limited (LON:RGL)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 123.21 ($1.53) and traded as low as GBX 113.57 ($1.41). Regional REIT shares last traded at GBX 115.20 ($1.43), with a volume of 517,270 shares traded.

Analyst Ratings Changes

Separately, Shore Capital restated a “hold” rating on shares of Regional REIT in a research report on Monday, October 28th.

Regional REIT Price Performance

The company has a current ratio of 0.68, a quick ratio of 1.30 and a debt-to-equity ratio of 139.50. The stock has a market capitalization of £189.32 million, a P/E ratio of -140.72 and a beta of 0.90. The company has a fifty day simple moving average of GBX 122.97 and a two-hundred day simple moving average of GBX 102.60.

Regional REIT Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 21st will be issued a GBX 2.20 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a yield of 1.79%. Regional REIT’s dividend 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.