NewRiver REIT plc (LON:NRR - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 73.43 ($0.99) and traded as high as GBX 77.90 ($1.05). NewRiver REIT shares last traded at GBX 75.80 ($1.02), with a volume of 274,256 shares changing hands.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "house stock" rating on shares of NewRiver REIT in a research report on Tuesday, April 29th.
Read Our Latest Stock Report on NRR
NewRiver REIT Price Performance
The stock has a 50-day moving average price of GBX 72.84 and a two-hundred day moving average price of GBX 73.36. The company has a current ratio of 5.48, a quick ratio of 3.00 and a debt-to-equity ratio of 90.77. The stock has a market cap of £374.51 million, a price-to-earnings ratio of 81.75, a PEG ratio of -3.14 and a beta of 1.10.
Insider Activity at NewRiver REIT
In related news, insider Alastair Miller purchased 29,359 shares of NewRiver REIT stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average cost of GBX 68 ($0.92) per share, for a total transaction of £19,964.12 ($26,978.54). 7.73% of the stock is currently owned by 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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