NewRiver REIT's (NRR) House Stock Rating Reiterated at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of NewRiver REIT (LON:NRR - Free Report) in a report released on Tuesday morning, Marketbeat reports.

NewRiver REIT Price Performance

LON:NRR traded up GBX 1.70 ($0.02) during trading hours on Tuesday, reaching GBX 77.20 ($1.02). 901,272 shares of the company's stock were exchanged, compared to its average volume of 1,002,742. The company has a market capitalization of £368.30 million, a P/E ratio of 80.40, a price-to-earnings-growth ratio of -3.14 and a beta of 1.10. NewRiver REIT has a 12 month low of GBX 62.90 ($0.83) and a 12 month high of GBX 85 ($1.13). The business's 50-day simple moving average is GBX 70.21 and its two-hundred day simple moving average is GBX 73.57. 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

In other news, insider Alastair Miller acquired 29,359 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The stock was purchased at an average price of GBX 68 ($0.90) per share, with a total value of £19,964.12 ($26,498.70). 7.73% of the stock is currently owned by company insiders.

NewRiver REIT Company Profile

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.