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

NewRiver REIT plc (LON:NRR - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 73.69 ($0.98) and traded as low as GBX 72.60 ($0.96). NewRiver REIT shares last traded at GBX 74.20 ($0.98), with a volume of 718,591 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "house stock" rating on shares of NewRiver REIT in a research note on Tuesday, April 29th.

NewRiver REIT Trading Up 2.3 %

The stock has a fifty day moving average of GBX 70.21 and a 200-day moving average of GBX 73.51. The company has a market cap of £368.30 million, a PE ratio of 80.40, a PEG ratio of -3.14 and a beta of 1.10. The company has a debt-to-equity ratio of 90.77, a quick ratio of 3.00 and a current ratio of 5.48.

Insider Transactions at NewRiver REIT

In other news, insider Alastair Miller bought 29,359 shares of the stock in a transaction on Wednesday, March 12th. The stock was acquired at an average cost of GBX 68 ($0.90) per share, for a total transaction of £19,964.12 ($26,491.67). Company insiders own 7.73% of the company's stock.

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.