On Tuesday, Retail Opportunity Investments Corp (NASDAQ: ROIC) opened higher 1.05% from the last session, before settling in for the closing price of $12.40. Price fluctuations for ROIC have ranged from $10.98 to $15.16 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 2.18% over the past five years. Company’s average yearly earnings per share was noted -0.22% at the time writing. With a float of $122.84 million, this company’s outstanding shares have now reached $126.90 million.
Let’s look at the performance matrix of the company that is accounted for 71 employees.
Retail Opportunity Investments Corp (ROIC) Insider Updates
A key investor’s attitude towards the stock of the REIT – Retail industry is another important factor to consider. The insider ownership of Retail Opportunity Investments Corp is 3.28%, while institutional ownership is 102.60%. The most recent insider transaction that took place on Oct 30 ’23, was worth 16,740. In this transaction Director of this company bought 1,500 shares at a rate of $11.16, taking the stock ownership to the 9,900 shares. Before that another transaction happened on Aug 31 ’23, when Company’s Director sold 4,000 for $13.46, making the entire transaction worth $53,820. This insider now owns 51,557 shares in total.
Retail Opportunity Investments Corp (ROIC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -0.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to -6.20% drop over the previous five years of trading.
Retail Opportunity Investments Corp (NASDAQ: ROIC) Trading Performance Indicators
Check out the current performance indicators for Retail Opportunity Investments Corp (ROIC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.86. Likewise, its price to free cash flow for the trailing twelve months is 10.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.30 in one year’s time.
Technical Analysis of Retail Opportunity Investments Corp (ROIC)
Retail Opportunity Investments Corp (NASDAQ: ROIC) saw its 5-day average volume 0.99 million, a negative change from its year-to-date volume of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 64.61%. Additionally, its Average True Range was 0.31.
During the past 100 days, Retail Opportunity Investments Corp’s (ROIC) raw stochastic average was set at 23.64%, which indicates a significant decrease from 68.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.67% in the past 14 days, which was higher than the 23.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.67, while its 200-day Moving Average is $13.14. Nevertheless, the first resistance level for the watch stands at $12.66 in the near term. At $12.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.97. If the price goes on to break the first support level at $12.36, it is likely to go to the next support level at $12.19. Assuming the price breaks the second support level, the third support level stands at $12.05.
Retail Opportunity Investments Corp (NASDAQ: ROIC) Key Stats
There are currently 127,462K shares outstanding in the company with a market cap of 1.59 billion. Presently, the company’s annual sales total 327,730 K according to its annual income of 34,530 K. Last quarter, the company’s sales amounted to 84,650 K and its income totaled 8,040 K.
