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NewRiver REIT (LON:NRR) Share Price Passes Below Two Hundred Day Moving Average - Should You Sell?

NewRiver REIT logo with Real Estate background

Shares of NewRiver REIT plc (LON:NRR - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 73.42 ($1.01) and traded as low as GBX 73 ($1.00). NewRiver REIT shares last traded at GBX 74.30 ($1.02), with a volume of 894,850 shares traded.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on NewRiver REIT

NewRiver REIT Stock Down 1.1%

The stock has a market cap of £352.08 million, a P/E ratio of 76.86, a price-to-earnings-growth 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. The stock's 50-day moving average is GBX 76.87 and its 200-day moving average is GBX 73.25.

NewRiver REIT (LON:NRR - Get Free Report) last issued its quarterly earnings results on Tuesday, June 3rd. The real estate investment trust reported GBX 6.30 ($0.09) earnings per share for the quarter. NewRiver REIT had a net margin of 4.16% and a return on equity of 0.78%. As a group, research analysts anticipate that NewRiver REIT plc will post 7.4795268 earnings per share for the current fiscal year.

NewRiver REIT Company Profile

(Get Free Report)

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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