NEPI ROCKCASTLE Stock Went Down By Over 9% So Far On Thursday

(VIANEWS) – Shares of NEPI ROCKCASTLE (AEX-Index: NRP.AS) fell 9.09% to €5.00 at 11:09 EST on Thursday, after five successive sessions in a row of losses. AEX-Index is jumping 0.31% to €758.10, after two sequential sessions in a row of losses. This seems, as yet, a somewhat positive trend exchanging session today.

About NEPI ROCKCASTLE

NEPI Rockcastle is the premier owner and operator of shopping centres in Central and Eastern Europe (CEE), with presence in nine countries and an investment portfolio of €5.8 billion as at 31 December 2021. The Group benefits from a highly-skilled internal management team which combines asset management, development, investment, leasing and financial expertise. Geographically diverse management skills allow NEPI Rockcastle to pursue CEE property opportunities efficiently, benefiting from a strategic advantage in the acquisition, development and management of properties. NEPI Rockcastle owns and operates 52 retail properties (excluding joint venture) which attracted 244 million visits in 2021 (325 million visits in 2019). With group-level management of tenant relationships and a focus on cross-country collaboration, the Group is the leading strategic partner for major retailers targeting CEE countries. The Group's financial strategy includes maintaining a profile of adequate liquidity, conservative gearing, and a diverse debt structure, which combines secured and unsecured bank debt with unsecured bonds listed on the Irish Stock Exchange. NEPI Rockcastle is investment-grade rated by Standard & Poor's (BBB, stable outlook) and Fitch (BBB, positive outlook). NEPI Rockcastle's shares are listed on the Johannesburg Stock Exchange (“JSE”), Euronext Amsterdam (“Euronext”) and A2X. The Group voluntarily distributes at least 90% of its distributable earnings on a semi-annual basis.

Earnings Per Share

As for profitability, NEPI ROCKCASTLE has a trailing twelve months EPS of €0.72.

PE Ratio

NEPI ROCKCASTLE has a trailing twelve months price to earnings ratio of 6.94. Meaning, the purchaser of the share is investing €6.94 for every euro of annual earnings.

Volume

Today’s last reported volume for NEPI ROCKCASTLE is 420 which is 157.66% above its average volume of 163.

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