River Global A (LON:RVRG) Posts Earnings Results

River Global A (LON:RVRG) posted its quarterly earnings results on Tuesday. The company reported GBX 0.08 EPS for the quarter, Digital Look Earnings reports.

River Global A Stock Up 33.3%

River Global A stock opened at GBX 3 on Thursday. The company has a market capitalization of £4.33 million and a P/E ratio of -0.38. The company’s 50 day moving average is GBX 4.85. River Global A has a fifty-two week low of GBX 1.50 and a fifty-two week high of GBX 8.50.

Insider Buying and Selling at River Global A

In other news, insider Christopher Mills purchased 50,000 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of GBX 36 per share, with a total value of £18,000. Also, insider Martin J. Gilbert acquired 1,500,000 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The stock was purchased at an average price of GBX 4 per share, with a total value of £60,000. 58.20% of the stock is currently owned by corporate insiders.

River Global A Company Profile

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.