Notable Insider Trading: North European Oil Royality Trust $NRT

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North European Oil Royality Trust (NYSE:NRT) insider have most recently took part in a trading activity. On Aug 25, 2017 Haspel Ahron H, Trustee bought 1,000 shares having total worth of $6,460 at the price of $6.46 per share, following the transaction a total of 3,000 shares owned by Haspel Ahron H. Before this latest buy, Haspel Ahron H purchased NRT at 2 other times during the past twelve months, for a total investment of $13,350 at an average of $6.68 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 2 times by insiders. an employee of the company was the buyer in 2 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 -3.67%
12 Month 2 0 -16.97%

Shares of North European Oil Royality Trust (NYSE:NRT) traded up 4.22% on Aug 25, 2017, hitting $6.57. 15,972 shares of the company’s stock traded hands. North European Oil Royality Trust has a 52 week low of $5.79 and a 52 week high of $8.74. The company’s market cap is $64 million.

North European Oil Royality Trust (NYSE:NRT) last announced its earnings results on Aug 11, 2017. The company reported 0.20 earnings per share (EPS) for the quarter. The company had revenue of $2 million for the quarter During the same quarter in the previous year, the company posted 0.15 earnings per share. The company’s revenue for the quarter was up 26% on a year-over-year basis.

2017-08-11 2017-02-10 2016-02-12 2015-11-13 2015-08-14 2015-05-14 2015-02-13
earnings per share 0.20 0.16 0.17 0.00 0.36 0.33 0.34
Revenue(M) 1.97 1.73 1.83 0 3.46 3.24 3.44

North European Oil Royalty Trust was organized in 1957 as the successor to North European Oil Corporation. The Trust is a passive fixed investment trust which holds overriding royalty rights, receives income under those rights from certain operating companies, pays its expenses and distributes the remaining net funds to its unit owners. As mandated by the Trust Agreement, distributions of income are made on a quarterly basis. The Trust holds overriding royalty rights only. It holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.