Shares of NewRiver REIT plc (LON:NRR - Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 78.55 ($0.97) and traded as low as GBX 68.90 ($0.85). NewRiver REIT shares last traded at GBX 71 ($0.88), with a volume of 738,356 shares traded.
Analysts Set New Price Targets
Separately, Shore Capital reissued a "house stock" rating on shares of NewRiver REIT in a report on Thursday, December 12th.
Read Our Latest Report on NewRiver REIT
NewRiver REIT Price Performance
The firm has a 50 day moving average of GBX 75.46 and a 200-day moving average of GBX 78.55. The company has a market cap of £267.56 million, a P/E ratio of 7,120.00, a P/E/G ratio of -3.14 and a beta of 1.10. The company has a current ratio of 5.40, a quick ratio of 3.00 and a debt-to-equity ratio of 103.07.
NewRiver REIT (LON:NRR - Get Free Report) last posted 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 4.56% and a return on equity of 0.81%. On average, equities research analysts predict that NewRiver REIT plc will post 7.4795268 EPS for the current year.
NewRiver REIT Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, January 28th. Stockholders of record on Thursday, December 19th will be paid a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 3.82%. The ex-dividend date of this dividend is Thursday, December 19th. NewRiver REIT's dividend payout ratio is currently 70,000.00%.
Insider Activity at NewRiver REIT
In other news, insider Will Hobman sold 62,865 shares of NewRiver REIT stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of GBX 79 ($0.97), for a total transaction of £49,663.35 ($61,229.63). Insiders own 7.73% of the company's stock.
NewRiver REIT Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider NewRiver REIT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NewRiver REIT wasn't on the list.
While NewRiver REIT currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
