Shares of NewRiver REIT plc (LON:NRR - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 73.48 ($0.98) and traded as high as GBX 78.70 ($1.05). NewRiver REIT shares last traded at GBX 77.65 ($1.03), with a volume of 805,919 shares trading hands.
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a "house stock" rating on shares of NewRiver REIT in a research report on Tuesday, April 29th.
View Our Latest Report on NewRiver REIT
NewRiver REIT Stock Up 0.2%
The firm's 50-day simple moving average is GBX 71.90 and its 200 day simple moving average is GBX 73.48. The company has a debt-to-equity ratio of 90.77, a quick ratio of 3.00 and a current ratio of 5.48. The stock has a market capitalization of £370.98 million, a P/E ratio of 80.98, a PEG ratio of -3.14 and a beta of 1.10.
Insider Activity
In other news, insider Alastair Miller bought 29,359 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were bought at an average cost of GBX 68 ($0.90) per share, with a total value of £19,964.12 ($26,569.23). 7.73% of the stock is owned by insiders.
About NewRiver REIT
(
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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.
Further Reading
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