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

Shares of Regional REIT Limited (LON:RGL) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 94.31 and traded as high as GBX 100. Regional REIT shares last traded at GBX 98, with a volume of 163,023 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Regional REIT in a research report on Thursday, June 18th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 140.

Regional REIT Price Performance

The company has a debt-to-equity ratio of 85.73, a quick ratio of 1.30 and a current ratio of 117.42. The stock has a market capitalization of £158.85 million, a PE ratio of -9.70 and a beta of 0.66. The company’s fifty day simple moving average is GBX 94.31 and its two-hundred day simple moving average is GBX 95.08.

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. It aims to deliver an attractive total return to its shareholders, with a strong focus on income supported by additional capital growth prospects.