NewRiver REIT plc (LON:NRR - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 67.30 ($0.87) and last traded at GBX 67.80 ($0.88), with a volume of 501149 shares traded. The stock had previously closed at GBX 68 ($0.88).
Analyst Ratings Changes
Separately, Shore Capital reissued a "house stock" rating on shares of NewRiver REIT in a research report on Thursday.
Get Our Latest Stock Report on NRR
NewRiver REIT Price Performance
The stock has a market cap of £324.41 million, a P/E ratio of 70.82, a price-to-earnings-growth ratio of -3.14 and a beta of 1.10. The firm has a 50-day moving average price of GBX 71.87 and a 200-day moving average price of GBX 76.69. The company has a debt-to-equity ratio of 90.77, a quick ratio of 3.00 and a current ratio of 5.48.
NewRiver REIT (LON:NRR - Get Free Report) last announced its earnings results on Thursday, December 12th. The real estate investment trust reported GBX 2.60 ($0.03) earnings per share (EPS) for the quarter. NewRiver REIT had a return on equity of 0.78% and a net margin of 4.16%. On average, analysts forecast that NewRiver REIT plc will post 7.4795268 earnings per share for the current fiscal year.
NewRiver REIT Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, January 28th. Investors of record on Thursday, December 19th were given a dividend of GBX 3 ($0.04) per share. This represents a yield of 3.82%. The ex-dividend date was Thursday, December 19th. NewRiver REIT's dividend payout ratio (DPR) is presently 728.99%.
Insider Activity at NewRiver REIT
In related news, insider Will Hobman sold 62,865 shares of the firm's stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of GBX 79 ($1.02), for a total transaction of £49,663.35 ($64,189.41). 7.73% of the stock is owned by corporate 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.
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