CubeSmart (NYSE: CUBE) on Tuesday, soared 0.32% from the previous trading day, before settling in for the closing price of $47.37. Within the past 52 weeks, CUBE’s price has moved between $33.17 and $49.58.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 12.21%. The company achieved an average annual earnings per share of -4.87%. With a float of $223.22 million, this company’s outstanding shares have now reached $224.92 million.
Considering the fact that the conglomerate employs 3040 people, you should pay attention to its efficiency factor.
CubeSmart (CUBE) Breakdown of a Key Holders of the stock
Observing investor behavior towards REIT – Industrial industry stocks is more important than anything else. The insider ownership of CubeSmart is 0.88%, while institutional ownership is 99.87%. The most recent insider transaction that took place on Aug 06 ’24, was worth 2,077,161. Before that another transaction happened on Aug 05 ’24, when Company’s Officer proposed sale 74,906 for $48.33, making the entire transaction worth $3,620,207.
CubeSmart (CUBE) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.18% during the next five years compared to 15.49% growth over the previous five years of trading.
CubeSmart (NYSE: CUBE) Trading Performance Indicators
CubeSmart (CUBE) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.09. Likewise, its price to free cash flow for the trailing twelve months is 17.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.78, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.80 in one year’s time.
Technical Analysis of CubeSmart (CUBE)
Compared to the last year’s volume of 1.39 million, its volume of 1.96 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 51.54%. Additionally, its Average True Range was 1.25.
During the past 100 days, CubeSmart’s (CUBE) raw stochastic average was set at 78.94%, which indicates a significant increase from 28.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.17% in the past 14 days, which was lower than the 26.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.25, while its 200-day Moving Average is $43.12. Nevertheless, the first resistance level for the watch stands at $48.37 in the near term. At $49.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $49.95. If the price goes on to break the first support level at $46.79, it is likely to go to the next support level at $46.06. Now, if the price goes above the second support level, the third support stands at $45.21.
CubeSmart (NYSE: CUBE) Key Stats
Market capitalization of the company is 10.70 billion based on 224,972K outstanding shares. Right now, sales total 1,050 M and income totals 410,760 K. The company made 266,210 K in profit during its latest quarter, and 93,960 K in sales during its previous quarter.
