Capital & Regional (LON:CAL) Shares Pass Above 50 Day Moving Average of $26.98

Shares of Capital & Regional plc (LON:CAL) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $26.98 and traded as high as $30.25. Capital & Regional shares last traded at $29.30, with a volume of 190,230 shares traded.

CAL has been the topic of a number of analyst reports. Berenberg Bank restated a “hold” rating and issued a GBX 20 ($0.26) target price on shares of Capital & Regional in a report on Thursday, September 12th. Peel Hunt restated a “hold” rating on shares of Capital & Regional in a report on Tuesday, December 3rd.

The company has a debt-to-equity ratio of 132.41, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market cap of $203.67 million and a price-to-earnings ratio of -2.31. The stock’s fifty day moving average is GBX 27.10 and its two-hundred day moving average is GBX 19.63.

The firm also recently announced a dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, November 28th will be issued a GBX 1 ($0.01) dividend. This represents a dividend yield of 3.78%. The ex-dividend date is Thursday, November 28th. This is a positive change from Capital & Regional’s previous dividend of $0.60. Capital & Regional’s dividend payout ratio is currently -0.17%.

About Capital & Regional (LON:CAL)

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of their local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c.£0.9 billion portfolio of tailored in-town shopping centres.

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