North European Oil Royalty Trust (NYSE:NRT) Stock Rating Lowered by StockNews.com

Posted by Trent Williams on Mar 6th, 2025

North European Oil Royalty Trust (NYSE:NRT – Get Free Report) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report issued on Tuesday.

North European Oil Royalty Trust Stock Performance

NRT opened at $4.45 on Tuesday. North European Oil Royalty Trust has a 1-year low of $3.88 and a 1-year high of $8.62. The company has a market capitalization of $40.90 million, a PE ratio of 8.56 and a beta of 0.76. The firm’s 50 day simple moving average is $4.65 and its two-hundred day simple moving average is $4.74.

North European Oil Royalty Trust (NYSE:NRT – Get Free Report) last released its quarterly earnings results on Friday, February 28th. The energy company reported $0.04 earnings per share for the quarter. North European Oil Royalty Trust had a net margin of 87.43% and a return on equity of 537.09%. The business had revenue of $0.51 million for the quarter.

Institutional Trading of North European Oil Royalty Trust

A hedge fund recently bought a new stake in North European Oil Royalty Trust stock. Swan Global Investments LLC acquired a new stake in shares of North European Oil Royalty Trust (NYSE:NRT – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 31,850 shares of the energy company’s stock, valued at approximately $167,000. Hedge funds and other institutional investors own 6.97% of the company’s stock.

About North European Oil Royalty Trust

(Get Free Report)

North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company also has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies.