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

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

River Global A Price Performance

River Global A stock traded down GBX 0.75 during trading hours on Tuesday, reaching GBX 1.50. 147,561 shares of the company’s stock traded hands, compared to its average volume of 264,958. The company has a market cap of £2.17 million and a price-to-earnings ratio of -0.19. River Global A has a fifty-two week low of GBX 1.50 and a fifty-two week high of GBX 9. The business’s 50 day moving average price is GBX 4.93.

Insider Activity at River Global A

In related news, insider Christopher Mills bought 50,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was bought at an average cost of GBX 36 per share, for a total transaction 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 shares were purchased at an average price of GBX 4 per share, with a total value of £60,000. Corporate insiders own 58.20% of the company’s stock.

About River Global A

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.