Shore Capital reaffirmed their house stock rating on shares of NewRiver REIT (LON:NRR - Free Report) in a research report released on Friday morning, MarketBeat.com reports.
NewRiver REIT Trading Up 2.0%
Shares of NewRiver REIT stock traded up GBX 1.60 ($0.02) during trading hours on Friday, hitting GBX 79.80 ($1.07). The company's stock had a trading volume of 710,614 shares, compared to its average volume of 906,530. NewRiver REIT has a 1-year low of GBX 62.90 ($0.85) and a 1-year high of GBX 85 ($1.14). The business has a fifty day moving average of GBX 73.28 and a 200 day moving average of GBX 73.37. The company has a market capitalization of £380.71 million, a PE ratio of 83.10, a P/E/G ratio of -3.14 and a beta of 1.10. The company has a quick ratio of 3.00, a current ratio of 5.48 and a debt-to-equity ratio of 90.77.
Insider Activity at NewRiver REIT
In related news, insider Alastair Miller acquired 29,359 shares of the firm's stock in a transaction on Wednesday, March 12th. The stock was bought at an average cost of GBX 68 ($0.92) per share, with a total value of £19,964.12 ($26,869.61). 7.73% of the stock is currently owned by company insiders.
NewRiver REIT Company Profile
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NewRiver is a leading Real Estate Investment Trust specialising in buying, managing and developing retail and leisure assets across the UK. Every day, our shopping centres, retail parks and pubs provide essential goods and services to their local communities.
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