NewRiver REIT (LON:NRR) Stock Passes Below 200-Day Moving Average - What's Next?

NewRiver REIT plc (LON:NRR - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 73.02 ($0.98) and traded as low as GBX 71.85 ($0.97). NewRiver REIT shares last traded at GBX 73.30 ($0.99), with a volume of 384,208 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "house stock" rating on shares of NewRiver REIT in a research note on Friday, May 30th.

NewRiver REIT Trading Down 1.4%

The stock has a 50 day simple moving average of GBX 75.41 and a 200-day simple moving average of GBX 73.01. The firm has a market capitalization of £333.95 million, a P/E ratio of 72.90, a P/E/G ratio of -3.14 and a beta of 1.10. The company has a current ratio of 5.48, a quick ratio of 3.00 and a debt-to-equity ratio of 90.77.

NewRiver REIT (LON:NRR - Get Free Report) last announced its earnings results on Tuesday, June 3rd. The real estate investment trust reported GBX 6.30 ($0.08) EPS for the quarter. NewRiver REIT had a net margin of 4.16% and a return on equity of 0.78%. On average, equities research analysts forecast that NewRiver REIT plc will post 7.4795268 EPS for the current fiscal year.

About NewRiver REIT

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.