NewRiver REIT Announces Total Voting Rights

NewRiver REIT ( (GB:NRR) ) has shared an announcement.

NewRiver REIT plc has announced its total voting rights, with the company’s issued share capital comprising 477,084,008 ordinary shares. Of these, 1,614,846 shares are held in the Employee Benefit Trust, resulting in a total of 475,469,162 voting rights. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules.

Spark’s Take on GB:NRR Stock

According to Spark, TipRanks’ AI Analyst, GB:NRR is a Neutral.

NewRiver REIT scores a 67, reflecting a combination of robust cash flow management, strategic corporate actions, and attractive valuation metrics. However, challenges in revenue growth and profitability, alongside mixed technical indicators, moderate the overall score. The company’s strategic focus on essential retail assets and successful integration of acquisitions provide a positive outlook, but financial performance and technical trends suggest caution.

To see Spark’s full report on GB:NRR stock, click here.

More about NewRiver REIT

NewRiver REIT plc operates in the real estate investment trust (REIT) industry, focusing on retail and leisure properties across the UK. The company specializes in acquiring, managing, and developing retail parks, shopping centers, and community assets.

YTD Price Performance: 3.68%

Average Trading Volume: 788,684

Technical Sentiment Signal: Sell

Current Market Cap: £361.3M

See more insights into NRR stock on TipRanks’ Stock Analysis page.