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NewRiver REIT (LON:NRR) Share Price Passes Above 200 Day Moving Average - Should You Sell?

NewRiver REIT logo with Real Estate background

NewRiver REIT plc (LON:NRR - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 73.55 ($1.00) and traded as high as GBX 80.50 ($1.09). NewRiver REIT shares last traded at GBX 80.06 ($1.09), with a volume of 2,805,963 shares trading hands.

Analyst Ratings Changes

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

Get Our Latest Stock Report on NewRiver REIT

NewRiver REIT Stock Down 0.4%

The company's fifty day simple moving average is GBX 75.42 and its 200 day simple moving average is GBX 73.58. 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 firm has a market capitalization of £374.03 million, a P/E ratio of 81.65, a price-to-earnings-growth ratio of -3.14 and a beta of 1.10.

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

About NewRiver REIT

(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.

Further Reading

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