NewRiver REIT plc (LON:NRR) Insider Will Hobman Sells 62,865 Shares of Stock

Posted by Defense World Staff on Dec 19th, 2024

NewRiver REIT plc (LON:NRR – Get Free Report) 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 ($0.99), for a total transaction of £49,663.35 ($62,438.21).

NewRiver REIT Trading Down 0.9 %

NewRiver REIT stock opened at GBX 78 ($0.98) on Thursday. The company has a debt-to-equity ratio of 103.07, a current ratio of 5.40 and a quick ratio of 3.00. The firm has a 50-day moving average of GBX 78.75 and a 200-day moving average of GBX 78.67. The company has a market cap of £293.11 million, a price-to-earnings ratio of 7,800.00, a P/E/G ratio of -3.14 and a beta of 1.10. NewRiver REIT plc has a one year low of GBX 67.50 ($0.85) and a one year high of GBX 86 ($1.08).

NewRiver REIT Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Thursday, December 19th will be paid a GBX 3 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 3.82%. NewRiver REIT’s dividend payout ratio is 70,000.00%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of NewRiver REIT in a report on Thursday, December 12th.

Check Out Our Latest Analysis on NRR

NewRiver REIT Company Profile

(Get Free Report)

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.