NewRiver REIT plc (LON:NRR - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 77.80 ($0.98) and traded as low as GBX 71.13 ($0.90). NewRiver REIT shares last traded at GBX 72.70 ($0.92), with a volume of 1,227,848 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "house stock" rating on shares of NewRiver REIT in a research report on Thursday, December 12th.
Get Our Latest Stock Analysis on NRR
NewRiver REIT Price Performance
The business's 50-day moving average price is GBX 73.62 and its 200 day moving average price is GBX 77.61. The stock has a market capitalization of £348.74 million, a PE ratio of 76.13, a price-to-earnings-growth ratio of -3.14 and a beta of 1.10. 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 released its quarterly 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 net margin of 4.16% and a return on equity of 0.78%. Research analysts forecast that NewRiver REIT plc will post 7.4795268 earnings per share for the current year.
NewRiver REIT Cuts Dividend
The company also recently declared a dividend, which was paid on Tuesday, January 28th. Stockholders of record on Thursday, December 19th were given a dividend of GBX 3 ($0.04) per share. The ex-dividend date was Thursday, December 19th. This represents a dividend yield of 3.82%. NewRiver REIT's dividend payout ratio (DPR) is currently 728.99%.
Insider Transactions at NewRiver REIT
In other news, insider Will Hobman sold 62,865 shares of NewRiver REIT stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of GBX 79 ($1.00), for a total transaction of £49,663.35 ($62,658.78). 7.73% of the stock is currently owned by 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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