NewRiver REIT (LON:NRR) Stock Price Crosses Below 200 Day Moving Average of $77.09

Shares of NewRiver REIT plc (LON:NRR) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 77.09 ($0.98) and traded as low as GBX 71.70 ($0.91). NewRiver REIT shares last traded at GBX 72.50 ($0.92), with a volume of 446,693 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of NewRiver REIT in a research report on Tuesday, May 28th.

NewRiver REIT Stock Up 0.1 %

The company has a debt-to-equity ratio of 101.63, a current ratio of 4.57 and a quick ratio of 3.00. The company has a market cap of £225.02 million, a P/E ratio of -1,035.71, a PEG ratio of -3.14 and a beta of 1.09. The stock has a 50-day moving average of GBX 73.53 and a 200 day moving average of GBX 77.09.

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.