Insider Buying: Regional REIT (LON:RGL) Insider Purchases 9,000 Shares of Stock

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

Regional REIT Stock Performance

Shares of Regional REIT stock traded down GBX 0.25 on Wednesday, hitting GBX 88.75. The stock had a trading volume of 91,710 shares, compared to its average volume of 533,987. Regional REIT Limited has a twelve month low of GBX 84.80 and a twelve month high of GBX 121.40. The business’s 50 day moving average is GBX 94.53 and its two-hundred day moving average is GBX 92.60. The company has a quick ratio of 1.30, a current ratio of 167.08 and a debt-to-equity ratio of 81.33. The stock has a market cap of £143.85 million, a price-to-earnings ratio of -8.79 and a beta of 0.69.

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

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Regional REIT in a research note 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.