City Office REIT Inc. (NYSE: CIO) open the trading on March 16, 2023, with a bit cautious approach as it glided -3.18% to $7.01. During the day, the stock rose to $7.15 and sunk to $6.81 before settling in for the price of $7.24 at the close. Taking a more long-term approach, CIO posted a 52-week range of $7.02-$18.35.
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It was noted that the giant of the Real Estate sector posted annual sales growth of 11.10% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 43.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -97.90%. This publicly-traded company’s shares outstanding now amounts to $39.69 million, simultaneously with a float of $38.49 million. The organization now has a market capitalization sitting at $295.96 million. At the time of writing, stock’s 50-day Moving Average stood at $8.89, while the 200-day Moving Average is $10.63.
City Office REIT Inc. (CIO) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the REIT – Office industry. City Office REIT Inc.’s current insider ownership accounts for 0.10%, in contrast to 78.90% institutional ownership.
City Office REIT Inc. (CIO) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2022 suggests? It has posted $0 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.01) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
City Office REIT Inc.’s EPS decrease for this current 12-month fiscal period is -97.90% and is forecasted to reach -0.15 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.00% through the next 5 years, which can be compared against the 43.40% growth it accomplished over the previous five years trading on the market.
City Office REIT Inc. (NYSE: CIO) Trading Performance Indicators
Let’s observe the current performance indicators for City Office REIT Inc. (CIO). The Stock has managed to achieve an average true range (ATR) of 0.33. Alongside those numbers, its PE Ratio stands at $39.60, and its Beta score is 1.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.64. Similarly, its price to free cash flow for trailing twelve months is now 10.65.
In the same vein, CIO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.18, a figure that is expected to reach -0.04 in the next quarter, and analysts are predicting that it will be -0.15 at the market close of one year from today.
Technical Analysis of City Office REIT Inc. (CIO)
[City Office REIT Inc., CIO] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 8.82% While, its Average True Range was 0.34.
Raw Stochastic average of City Office REIT Inc. (CIO) in the period of the previous 100 days is set at 5.01%, which indicates a major fall in contrast to 9.85% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 28.35% that was lower than 36.69% volatility it exhibited in the past 100-days period.