Elme Communities (NYSE: ELME) open the trading on Wednesday, with a bit cautious approach as it glided -2.88% to $14.83, before settling in for the price of $15.27 at the close. Taking a more long-term approach, ELME posted a 52-week range of $12.44-$17.87.
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It was noted that the giant of the Real Estate sector posted annual sales growth of -1.67% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 89.67%. This publicly-traded company’s shares outstanding now amounts to $87.87 million, simultaneously with a float of $86.48 million. The organization now has a market capitalization sitting at $1.30 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.76, while the 200-day Moving Average is $14.41.
Elme Communities (ELME) 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 – Residential industry. Elme Communities’s current insider ownership accounts for 1.58%, in contrast to 89.00% institutional ownership.
Elme Communities (ELME) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted -$0.04 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.02) by -$0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
Elme Communities’s EPS increase for this current 12-month fiscal period is 89.67% and is forecasted to reach -0.07 in the upcoming year.
Elme Communities (NYSE: ELME) Trading Performance Indicators
Let’s observe the current performance indicators for Elme Communities (ELME). The Stock has managed to achieve an average true range (ATR) of 0.40. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.72. Similarly, its price to free cash flow for trailing twelve months is now 28.30.
In the same vein, ELME’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.61, a figure that is expected to reach -0.03 in the next quarter, and analysts are predicting that it will be -0.07 at the market close of one year from today.
Technical Analysis of Elme Communities (ELME)
[Elme Communities, ELME] 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 90.61% While, its Average True Range was 0.42.
Raw Stochastic average of Elme Communities (ELME) in the period of the previous 100 days is set at 81.64%, which indicates a major rise in contrast to 76.50% 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 36.09% that was higher than 29.04% volatility it exhibited in the past 100-days period.
