NewRiver REIT plc (LON:NRR - Get Free Report)'s stock price passed 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 trading hands.
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "house stock" rating on shares of NewRiver REIT in a report on Tuesday, April 29th.
Get Our Latest Analysis on NewRiver REIT
NewRiver REIT Stock Up 3.2%
The company has a debt-to-equity ratio of 90.77, a current ratio of 5.48 and a quick ratio of 3.00. The stock has a market capitalization of £373.07 million, a price-to-earnings ratio of 81.44, a PEG ratio of -3.14 and a beta of 1.10. The business has a fifty day moving average of GBX 72.73 and a 200 day moving average of GBX 73.33.
Insider Activity at NewRiver REIT
In other news, insider Alastair Miller bought 29,359 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased 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 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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