Insider Buying: NewRiver REIT plc (LON:NRR) Insider Acquires £19,964.12 in Stock

NewRiver REIT plc (LON:NRR) insider Alastair Miller purchased 29,359 shares of the business’s stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of GBX 68 ($0.88) per share, with a total value of £19,964.12 ($25,823.46).

NewRiver REIT Stock Performance

NewRiver REIT stock opened at GBX 70.80 ($0.92) on Friday. The firm has a market capitalization of £337.77 million, a P/E ratio of 73.73, a PEG ratio of -3.14 and a beta of 1.10. The stock has a fifty day moving average price of GBX 71.22 and a 200 day moving average price of GBX 76.17. NewRiver REIT plc has a 52 week low of GBX 66 ($0.85) and a 52 week high of GBX 85 ($1.10). The company has a current ratio of 5.48, a quick ratio of 3.00 and a debt-to-equity ratio of 90.77.

NewRiver REIT (LON:NRR) last announced 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 return on equity of 0.78% and a net margin of 4.16%. Equities research analysts anticipate that NewRiver REIT plc will post 7.4795268 earnings per share for the current year.

Analyst Upgrades and Downgrades

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.