NewRiver REIT plc (LON:NRR - Get Free Report)'s stock price crossed 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 changing hands.
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "house stock" rating on shares of NewRiver REIT in a research note on Tuesday.
Check Out Our Latest Report on NRR
NewRiver REIT Trading Up 2.3 %
The stock has a market cap of £368.30 million, a PE ratio of 80.40, a price-to-earnings-growth ratio of -3.14 and a beta of 1.10. The company has a 50 day moving average of GBX 70.21 and a two-hundred day moving average of GBX 73.63. 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 Activity at NewRiver REIT
In related news, insider Alastair Miller acquired 29,359 shares of the stock in a transaction on Wednesday, March 12th. The shares were bought at an average price of GBX 68 ($0.90) per share, with a total value of £19,964.12 ($26,484.64). 7.73% of the stock is currently owned by corporate 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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