NewRiver REIT (LON:NRR) Stock Price Passes Above Two Hundred Day Moving Average - Here's What Happened

NewRiver REIT plc (LON:NRR - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 77.44 ($1.01) and traded as high as GBX 82.61 ($1.08). NewRiver REIT shares last traded at GBX 82 ($1.07), with a volume of 369,950 shares changing hands.

NewRiver REIT Stock Performance

The stock has a market cap of £310.77 million, a price-to-earnings ratio of 8,270.00, a PEG ratio of -3.14 and a beta of 1.10. The company's 50 day simple moving average is GBX 80.93 and its 200 day simple moving average is GBX 77.44. The company has a debt-to-equity ratio of 103.07, a quick ratio of 3.00 and a current ratio of 5.40.

Insider Activity at NewRiver REIT

In other news, insider Alastair Miller bought 18,297 shares of the business's stock in a transaction on Monday, September 30th. The stock was purchased at an average cost of GBX 82 ($1.07) per share, for a total transaction of £15,003.54 ($19,591.98). Company insiders own 7.73% of the company's stock.

About NewRiver REIT

NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK. Our £0.6 billion UK wide portfolio covers 6.4 million sq ft and comprises 25 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately focused on essential goods and services.