The key reasons why CubeSmart (CUBE) is -0.92% away from 52-week high?

CubeSmart (NYSE: CUBE) open the trading on Wednesday, with a bit cautious approach as it glided -0.14% to $51.50, before settling in for the price of $51.57 at the close. Taking a more long-term approach, CUBE posted a 52-week range of $33.17-$51.98.

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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 12.21%. Meanwhile, its Annual Earning per share during the time was 15.49%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -5.23%. This publicly-traded company’s shares outstanding now amounts to $224.92 million, simultaneously with a float of $223.23 million. The organization now has a market capitalization sitting at $11.60 billion. At the time of writing, stock’s 50-day Moving Average stood at $47.90, while the 200-day Moving Average is $44.55.

CubeSmart (CUBE) 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 – Industrial industry. CubeSmart’s current insider ownership accounts for 0.87%, in contrast to 99.95% institutional ownership. According to the most recent insider trade that took place on Aug 14 ’24, this organization’s CFO sold 30,765 shares at the rate of 49.02, making the entire transaction reach 1,507,974 in total value, affecting insider ownership by 306,982. Preceding that transaction, on Aug 13 ’24, Company’s CEO sold 37,906 for 48.66, making the whole transaction’s value amount to 1,844,506. This particular insider is now the holder of 576,836 in total.

CubeSmart (CUBE) Earnings and Revenue Records

CubeSmart’s EPS decrease for this current 12-month fiscal period is -5.23% and is forecasted to reach 1.78 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 28.18% through the next 5 years, which can be compared against the 15.49% growth it accomplished over the previous five years trading on the market.

CubeSmart (NYSE: CUBE) Trading Performance Indicators

Let’s observe the current performance indicators for CubeSmart (CUBE). The Stock has managed to achieve an average true range (ATR) of 0.98. Alongside those numbers, its PE Ratio stands at $28.87, and its Beta score is 0.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.93. Similarly, its price to free cash flow for trailing twelve months is now 19.21.

In the same vein, CUBE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.78, a figure that is expected to reach 0.44 in the next quarter, and analysts are predicting that it will be 1.78 at the market close of one year from today.

Technical Analysis of CubeSmart (CUBE)

[CubeSmart, CUBE] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 84.56% While, its Average True Range was 0.94.

Raw Stochastic average of CubeSmart (CUBE) in the period of the previous 100 days is set at 93.62%, which indicates a major rise in contrast to 80.65% 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 12.87% that was lower than 22.14% volatility it exhibited in the past 100-days period.