Insider Buying: NewRiver REIT plc (LON:NRR) Insider Buys 29,359 Shares of Stock

NewRiver REIT plc (LON:NRR - Get Free Report) insider Alastair Miller purchased 29,359 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The stock was bought at an average cost of GBX 68 ($0.88) per share, for a total transaction of £19,964.12 ($25,823.46).

NewRiver REIT Stock Performance

Shares of LON:NRR traded up GBX 0.60 ($0.01) on Friday, reaching GBX 70.80 ($0.92). 613,190 shares of the company's stock were exchanged, compared to its average volume of 1,109,477. The firm has a market capitalization of £337.77 million, a price-to-earnings ratio of 73.73, a PEG ratio of -3.14 and a beta of 1.10. NewRiver REIT plc has a fifty-two week low of GBX 66 ($0.85) and a fifty-two week high of GBX 85 ($1.10). The business's 50-day moving average is GBX 71.22 and its two-hundred day moving average is GBX 76.14. The company has a quick ratio of 3.00, a current ratio of 5.48 and a debt-to-equity ratio of 90.77.

NewRiver REIT (LON:NRR - Get Free Report) last issued its earnings results on Thursday, December 12th. The real estate investment trust reported GBX 2.60 ($0.03) earnings per share for the quarter. NewRiver REIT had a net margin of 4.16% and a return on equity of 0.78%. As a group, equities research analysts forecast that NewRiver REIT plc will post 7.4795268 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "house stock" rating on shares of NewRiver REIT in a report on Thursday, March 6th.

NewRiver REIT Company Profile

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.