NewRiver REIT plc (LON:NRR) Insider Purchases £19,964.12 in Stock

NewRiver REIT plc (LON:NRR) insider Alastair Miller purchased 29,359 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were purchased at an average cost of GBX 68 ($0.88) per share, for a total transaction of £19,964.12 ($25,890.44).

NewRiver REIT Stock Up 1.2 %

NewRiver REIT stock opened at GBX 68.50 ($0.89) on Thursday. The company has a debt-to-equity ratio of 90.77, a current ratio of 5.48 and a quick ratio of 3.00. NewRiver REIT plc has a 1-year low of GBX 66 ($0.86) and a 1-year high of GBX 85 ($1.10). The company has a market cap of £326.80 million, a PE ratio of 71.34, a price-to-earnings-growth ratio of -3.14 and a beta of 1.10. The stock’s 50 day moving average price is GBX 71.32 and its 200 day moving average price is GBX 76.28.

NewRiver REIT (LON:NRR) last posted its earnings results on Thursday, December 12th. The real estate investment trust reported GBX 2.60 ($0.03) EPS for the quarter. NewRiver REIT had a return on equity of 0.78% and a net margin of 4.16%. On average, sell-side analysts predict that NewRiver REIT plc will post 7.4795268 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of NewRiver REIT in a research note on Thursday, March 6th.

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.