River Global A (LON:RVRG) Issues Quarterly Earnings Results

by · The Markets Daily

River Global A (LON:RVRG – Get Free Report) released its earnings results on Tuesday. The company reported GBX 0.08 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

River Global A Stock Down 33.3%

Shares of RVRG stock traded down GBX 0.75 during trading hours on Tuesday, reaching GBX 1.50. 147,561 shares of the company’s stock were exchanged, compared to its average volume of 264,958. River Global A has a fifty-two week low of GBX 1.50 and a fifty-two week high of GBX 9. The company has a market capitalization of £2.17 million and a PE ratio of -0.19. The business’s fifty day simple moving average is GBX 4.93.

Insider Buying and Selling at River Global A

In related news, insider Christopher Mills bought 50,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of GBX 36 per share, for a total transaction of £18,000. Also, insider Martin J. Gilbert purchased 1,500,000 shares of River Global A stock in a transaction on Monday, April 27th. The stock was bought at an average cost of GBX 4 per share, with a total value of £60,000. Company insiders own 58.20% of the company’s stock.

About River Global A

(Get Free Report)

River Global PLC (formerly AssetCo plc) is primarily involved in acquiring, managing and operating asset and wealth management activities and interests, together with other related services.

The strategy principally focuses on making strategic acquisitions and building organic activities in areas of the asset and wealth management sector where structural shifts have the potential to deliver exceptional growth opportunities.

This could include strategic acquisitions of undervalued asset and wealth management businesses which have core capabilities that play to these structural shifts, and where active management can unlock value.

Featured Stories