Acadia Realty Trust (NYSE: AKR) on Friday, soared 0.35% from the previous trading day, before settling in for the closing price of $22.89. Within the past 52 weeks, AKR’s price has moved between $13.24 and $23.29.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Real Estate sector has jumped its sales by 6.55% annually for the last half of the decade. The company achieved an average annual earnings per share of 30.40%. With a float of $104.59 million, this company’s outstanding shares have now reached $105.33 million.
In an organization with 117 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 39.61%, operating margin of 17.91%, and the pretax margin is -8.76%.
Acadia Realty Trust (AKR) Insider and Institutional Ownership
Observing investor behavior towards REIT – Retail industry stocks is more important than anything else. The insider ownership of Acadia Realty Trust is 0.70%, while institutional ownership is 110.09%. The most recent insider transaction that took place on May 03 ’24, was worth 211,141. In this transaction Executive VP and CFO of this company sold 12,500 shares at a rate of $16.89, taking the stock ownership to the 7,600 shares. Before that another transaction happened on May 03 ’24, when Company’s Sr. VP sold 25,000 for $17.10, making the entire transaction worth $427,622. This insider now owns 0 shares in total.
Acadia Realty Trust (AKR) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 30.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% during the next five years compared to -12.19% drop over the previous five years of trading.
Acadia Realty Trust (NYSE: AKR) Trading Performance Indicators
Acadia Realty Trust (AKR) 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 6.71. Likewise, its price to free cash flow for the trailing twelve months is 50.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.35 in one year’s time.
Technical Analysis of Acadia Realty Trust (AKR)
Let’s dig in a bit further. During the last 5-days, its volume was 0.59 million. That was inferior than the volume of 0.98 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.47%. Additionally, its Average True Range was 0.45.
During the past 100 days, Acadia Realty Trust’s (AKR) raw stochastic average was set at 95.53%, which indicates a significant increase from 76.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.97% in the past 14 days, which was lower than the 19.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.14, while its 200-day Moving Average is $17.94. However, in the short run, Acadia Realty Trust’s stock first resistance to watch stands at $23.14. Second resistance stands at $23.31. The third major resistance level sits at $23.46. If the price goes on to break the first support level at $22.82, it is likely to go to the next support level at $22.67. The third support level lies at $22.50 if the price breaches the second support level.
Acadia Realty Trust (NYSE: AKR) Key Stats
Market capitalization of the company is 2.42 billion based on 103,181K outstanding shares. Right now, sales total 338,690 K and income totals 19,870 K. The company made 87,250 K in profit during its latest quarter, and 1,440 K in sales during its previous quarter.
