Independence Realty Trust Inc (NYSE: IRT) kicked off on Tuesday, up 3.43% from the previous trading day, before settling in for the closing price of $19.25. Over the past 52 weeks, IRT has traded in a range of $12.41-$21.20.
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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 36.76%. While this was happening, its average annual earnings per share was recorded 429.43%. With a float of $223.51 million, this company’s outstanding shares have now reached $224.71 million.
Considering the fact that the conglomerate employs 952 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 24.66%, operating margin of 8.16%, and the pretax margin is -2.68%.
Independence Realty Trust Inc (IRT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the REIT – Residential Industry. The insider ownership of Independence Realty Trust Inc is 0.70%, while institutional ownership is 93.83%.
Independence Realty Trust Inc (IRT) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.18 earnings per share (EPS), lower than consensus estimate (set at 0.01) by -0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 429.43% per share during the next fiscal year.
Independence Realty Trust Inc (NYSE: IRT) Trading Performance Indicators
Take a look at Independence Realty Trust Inc’s (IRT) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.12. Likewise, its price to free cash flow for the trailing twelve months is 35.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.00, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.27 in one year’s time.
Technical Analysis of Independence Realty Trust Inc (IRT)
Compared to the last year’s volume of 2.27 million, its volume of 2.29 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 29.86%. Additionally, its Average True Range was 0.44.
During the past 100 days, Independence Realty Trust Inc’s (IRT) raw stochastic average was set at 65.78%, which indicates a significant decrease from 67.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.27% in the past 14 days, which was higher than the 20.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.07, while its 200-day Moving Average is $17.72. Nevertheless, the first resistance level for the watch stands at $20.20 in the near term. At $20.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.06. If the price goes on to break the first support level at $19.34, it is likely to go to the next support level at $18.77. Now, if the price goes above the second support level, the third support stands at $18.48.
Independence Realty Trust Inc (NYSE: IRT) Key Stats
The company with the Market Capitalisation of 4.60 billion has total of 225,121K Shares Outstanding. Its annual sales at the moment are 660,980 K in contrast with the sum of -17,230 K annual income. Company’s last quarter sales were recorded 160,140 K and last quarter income was 12,370 K.
