The key reasons why Camden Property Trust (CPT) is -15.07% away from 52-week high?

Witnessing the stock’s movement on the chart, on Wednesday, Camden Property Trust (NYSE: CPT) set off with pace as it heaved 0.24% to $95.88, before settling in for the price of $95.65 at the close. Taking a more long-term approach, CPT posted a 52-week range of $82.40-$112.90.

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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 10.13%. Meanwhile, its Annual Earning per share during the time was 17.88%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -56.78%. This publicly-traded company’s shares outstanding now amounts to $115.64 million, simultaneously with a float of $104.94 million. The organization now has a market capitalization sitting at $10.26 billion. At the time of writing, stock’s 50-day Moving Average stood at $96.25, while the 200-day Moving Average is $99.09.

Camden Property Trust (CPT) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the REIT – Residential industry. Camden Property Trust’s current insider ownership accounts for 1.89%, in contrast to 98.57% institutional ownership. According to the most recent insider trade that took place on Jan 04 ’24, this organization’s Chairman and CEO sold 38,336 shares at the rate of 98.22, making the entire transaction reach 3,765,426 in total value, affecting insider ownership by 267,132. Preceding that transaction, on Jan 04 ’24, Company’s EVP – Finance & CFO sold 9,803 for 98.21, making the whole transaction’s value amount to 962,733. This particular insider is now the holder of 114,893 in total.

Camden Property Trust (CPT) Earnings and Revenue Records

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $2.03 earnings per share (EPS) for the period topping the consensus outlook (set at $0.39) by $1.64. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.

Camden Property Trust’s EPS decrease for this current 12-month fiscal period is -56.78% and is forecasted to reach 1.64 in the upcoming year.

Camden Property Trust (NYSE: CPT) Trading Performance Indicators

Let’s observe the current performance indicators for Camden Property Trust (CPT). The Stock has managed to achieve an average true range (ATR) of 1.88. Alongside those numbers, its PE Ratio stands at $25.96, and its Beta score is 0.85. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.64. Similarly, its price to free cash flow for trailing twelve months is now 26.71.

In the same vein, CPT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.69, a figure that is expected to reach 0.35 in the next quarter, and analysts are predicting that it will be 1.64 at the market close of one year from today.

Technical Analysis of Camden Property Trust (CPT)

Going through the that latest performance of [Camden Property Trust, CPT]. Its last 5-days volume of 1.01 million was inferior to the volume of 1.15 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 12.42% While, its Average True Range was 1.82.

Raw Stochastic average of Camden Property Trust (CPT) in the period of the previous 100 days is set at 61.87%, which indicates a major rise in contrast to 18.33% 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 17.54% that was lower than 23.19% volatility it exhibited in the past 100-days period.