$1.12M in average volume shows that Acadia Realty Trust (AKR) is heading in the right direction

On Monday, Acadia Realty Trust (NYSE: AKR) opened higher 0.76% from the last session, before settling in for the closing price of $17.10. Price fluctuations for AKR have ranged from $12.36 to $17.73 over the past 52 weeks.

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During the last 5-year period, the sales growth of Real Estate Sector giant was 6.55%. Company’s average yearly earnings per share was noted 29.26% at the time writing. With a float of $101.82 million, this company’s outstanding shares have now reached $102.58 million.

Let’s determine the extent of company efficiency that accounts for 117 employees.

Acadia Realty Trust (AKR) Insider Activity

A key investor’s attitude towards the stock of the REIT – Retail industry is another important factor to consider. The insider ownership of Acadia Realty Trust is 0.74%, while institutional ownership is 96.50%. The most recent insider transaction that took place on Mar 15 ’24, was worth 16,300. In this transaction Director of this company bought 1,000 shares at a rate of $16.30, taking the stock ownership to the 2,700 shares. Before that another transaction happened on Mar 04 ’24, when Company’s Sr. VP sold 49,525 for $16.77, making the entire transaction worth $830,609. This insider now owns 118 shares in total.

Acadia Realty Trust (AKR) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 12.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 29.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% during the next five years compared to -12.19% drop over the previous five years of trading.

Acadia Realty Trust (NYSE: AKR) Trading Performance Indicators

Check out the current performance indicators for Acadia Realty Trust (AKR). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.00. Likewise, its price to free cash flow for the trailing twelve months is 20.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.22 in one year’s time.

Technical Analysis of Acadia Realty Trust (AKR)

Looking closely at Acadia Realty Trust (NYSE: AKR), its last 5-days average volume was 1.64 million, which is a jump from its year-to-date volume of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 80.39%. Additionally, its Average True Range was 0.41.

During the past 100 days, Acadia Realty Trust’s (AKR) raw stochastic average was set at 83.98%, which indicates a significant increase from 80.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.10% in the past 14 days, which was higher than the 23.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.67, while its 200-day Moving Average is $15.70. However, in the short run, Acadia Realty Trust’s stock first resistance to watch stands at $17.49. Second resistance stands at $17.76. The third major resistance level sits at $18.01. If the price goes on to break the first support level at $16.97, it is likely to go to the next support level at $16.72. Should the price break the second support level, the third support level stands at $16.45.

Acadia Realty Trust (NYSE: AKR) Key Stats

There are currently 102,989K shares outstanding in the company with a market cap of 1.77 billion. Presently, the company’s annual sales total 338,690 K according to its annual income of 19,870 K. Last quarter, the company’s sales amounted to 85,510 K and its income totaled -1,340 K.