Apartment Income REIT Corp (AIRC) distance from 200-day Simple Moving Average is $32.85: Right on the Precipice

Apartment Income REIT Corp (NYSE: AIRC) started the day on Thursday, with a price decrease of -0.03% at $38.46, before settling in for the price of $38.47 at the close. Taking a more long-term approach, AIRC posted a 52-week range of $28.22-$38.68.

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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was -2.80%. Meanwhile, its Annual Earning per share during the time was -0.34%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -97.61%. This publicly-traded company’s shares outstanding now amounts to $144.93 million, simultaneously with a float of $144.63 million. The organization now has a market capitalization sitting at $5.58 billion. At the time of writing, stock’s 50-day Moving Average stood at $33.36, while the 200-day Moving Average is $32.85.

Apartment Income REIT Corp (AIRC) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Residential Industry. Apartment Income REIT Corp’s current insider ownership accounts for 0.33%, in contrast to 100.46% institutional ownership. According to the most recent insider trade that took place on Feb 23 ’24, this organization’s Director bought 750 shares at the rate of 31.00, making the entire transaction reach 23,250 in total value, affecting insider ownership by 20,750. Preceding that transaction, on Feb 14 ’24, Company’s Director bought 889 for 31.50, making the whole transaction’s value amount to 28,004. This particular insider is now the holder of 20,000 in total.

Apartment Income REIT Corp (AIRC) Earnings and Revenue Records

Apartment Income REIT Corp’s EPS decrease for this current 12-month fiscal period is -97.61% and is forecasted to reach 0.17 in the upcoming year.

Apartment Income REIT Corp (NYSE: AIRC) Trading Performance Indicators

Let’s observe the current performance indicators for Apartment Income REIT Corp (AIRC). The Stock has managed to achieve an average true range (ATR) of 0.48. Alongside those numbers, its PE Ratio stands at $9.08, and its Beta score is 0.79. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.80. Similarly, its price to free cash flow for trailing twelve months is now 13.82.

In the same vein, AIRC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.24, a figure that is expected to reach 0.00 in the next quarter, and analysts are predicting that it will be 0.17 at the market close of one year from today.

Technical Analysis of Apartment Income REIT Corp (AIRC)

If we take a close look at the recent performances of Apartment Income REIT Corp (NYSE: AIRC), its last 5-days Average volume was 3.8 million that shows progress from its year to date volume of 2.3 million. During the previous 9 days, stock’s Stochastic %D was recorded 66.67% While, its Average True Range was 0.37.

Raw Stochastic average of Apartment Income REIT Corp (AIRC) in the period of the previous 100 days is set at 97.52%, which indicates a major rise in contrast to 43.59% 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 82.15% that was higher than 37.94% volatility it exhibited in the past 100-days period.