Urban Edge Properties (UE) plunge -3.65% in a week: will this be a lucky break through?

Urban Edge Properties (NYSE: UE) open the trading on May 24, 2023, with a bit cautious approach as it glided -2.75% to $13.45. During the day, the stock rose to $13.79 and sunk to $13.405 before settling in for the price of $13.83 at the close. Taking a more long-term approach, UE posted a 52-week range of $12.91-$18.91.

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It was noted that the giant of the Real Estate sector posted annual sales growth of -0.50% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -7.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -53.50%. This publicly-traded company’s shares outstanding now amounts to $117.45 million, simultaneously with a float of $113.52 million. The organization now has a market capitalization sitting at $1.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.27, while the 200-day Moving Average is $14.82.

Urban Edge Properties (UE) 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 – Retail industry. Urban Edge Properties’s current insider ownership accounts for 3.31%, in contrast to 101.64% institutional ownership. According to the most recent insider trade that took place on Feb 17, this organization’s General Counsel and Secretary sold 20,000 shares at the rate of 15.83, making the entire transaction reach 316,660 in total value, affecting insider ownership by 0.

Urban Edge Properties (UE) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 3/30/2023 suggests? It has posted -$0.16 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.1) by -$0.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.

Urban Edge Properties’s EPS decrease for this current 12-month fiscal period is -53.50% and is forecasted to reach 0.40 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.30% through the next 5 years, which can be compared against the -7.00% growth it accomplished over the previous five years trading on the market.

Urban Edge Properties (NYSE: UE) Trading Performance Indicators

Let’s observe the current performance indicators for Urban Edge Properties (UE). The Stock has managed to achieve an average true range (ATR) of 0.38. Alongside those numbers, its PE Ratio stands at $90.27, and its Beta score is 1.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.05.

In the same vein, UE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.15, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.40 at the market close of one year from today.

Technical Analysis of Urban Edge Properties (UE)

[Urban Edge Properties, UE] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 21.00% While, its Average True Range was 0.38.

Raw Stochastic average of Urban Edge Properties (UE) in the period of the previous 100 days is set at 1.74%, which indicates a major fall in contrast to 3.53% 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 27.60% that was lower than 29.19% volatility it exhibited in the past 100-days period.