Can National Storage Affiliates Trust’s (NSA) hike of 0.86% in a week be considered a lucky break?

On Tuesday, National Storage Affiliates Trust (NYSE: NSA) opened higher 0.64% from the last session, before settling in for the closing price of $46.81. Price fluctuations for NSA have ranged from $27.86 to $47.42 over the past 52 weeks.

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Annual sales at Real Estate sector company grew by 21.61% over the past five years. Company’s average yearly earnings per share was noted -60.89% at the time writing. With a float of $69.02 million, this company’s outstanding shares have now reached $82.29 million.

Let’s look at the performance matrix of the company that is accounted for 1708 employees. In terms of profitability, gross margin is 61.48%, operating margin of 17.88%, and the pretax margin is 34.05%.

National Storage Affiliates Trust (NSA) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the REIT – Industrial industry is another important factor to consider. The insider ownership of National Storage Affiliates Trust is 9.14%, while institutional ownership is 91.60%. The most recent insider transaction that took place on Jun 07 ’24, was worth 694,605. In this transaction Director of this company bought 18,405 shares at a rate of $37.74, taking the stock ownership to the 114,155 shares. Before that another transaction happened on Dec 11 ’23, when Company’s Vice Chairperson bought 6,500 for $36.50, making the entire transaction worth $237,250. This insider now owns 4,027,726 shares in total.

National Storage Affiliates Trust (NSA) Latest Financial update

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.26 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.24) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -60.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to 84.04% growth over the previous five years of trading.

National Storage Affiliates Trust (NYSE: NSA) Trading Performance Indicators

Check out the current performance indicators for National Storage Affiliates Trust (NSA). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.36. Likewise, its price to free cash flow for the trailing twelve months is 9.56.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.78, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.10 in one year’s time.

Technical Analysis of National Storage Affiliates Trust (NSA)

National Storage Affiliates Trust (NYSE: NSA) saw its 5-day average volume 0.63 million, a negative change from its year-to-date volume of 0.77 million. As of the previous 9 days, the stock’s Stochastic %D was 74.33%. Additionally, its Average True Range was 0.99.

During the past 100 days, National Storage Affiliates Trust’s (NSA) raw stochastic average was set at 97.36%, which indicates a significant increase from 92.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.17% in the past 14 days, which was lower than the 24.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $43.67, while its 200-day Moving Average is $39.12. Nevertheless, the first resistance level for the watch stands at $47.46 in the near term. At $47.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $48.17. If the price goes on to break the first support level at $46.75, it is likely to go to the next support level at $46.39. The third support level lies at $46.04 if the price breaches the second support level.

National Storage Affiliates Trust (NYSE: NSA) Key Stats

There are currently 74,964K shares outstanding in the company with a market cap of 3.58 billion. Presently, the company’s annual sales total 858,060 K according to its annual income of 156,670 K. Last quarter, the company’s sales amounted to 190,450 K and its income totaled 17,060 K.