NewRiver REIT plc (LON:NRR) Insider Alastair Miller Purchases 29,359 Shares

NewRiver REIT plc (LON:NRR) insider Alastair Miller acquired 29,359 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was bought at an average price of GBX 68 ($0.88) per share, with a total value of £19,964.12 ($25,890.44).

NewRiver REIT Price Performance

Shares of LON NRR opened at GBX 68.50 ($0.89) on Thursday. 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 plc has a fifty-two week low of GBX 66 ($0.86) and a fifty-two week high of GBX 85 ($1.10). The firm has a market capitalization of £326.80 million, a PE ratio of 71.34, a price-to-earnings-growth ratio of -3.14 and a beta of 1.10. The stock’s 50-day simple moving average is GBX 71.32 and its 200-day simple moving average is GBX 76.28.

NewRiver REIT (LON:NRR) last issued its earnings results on Thursday, December 12th. The real estate investment trust reported GBX 2.60 ($0.03) earnings per share for the quarter. NewRiver REIT had a return on equity of 0.78% and a net margin of 4.16%. As a group, equities research analysts forecast that NewRiver REIT plc will post 7.4795268 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of NewRiver REIT in a research note 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.