Elme Communities (NYSE: ELME) open the trading on Wednesday, with great promise as it jumped 1.56% to $16.95, before settling in for the price of $16.69 at the close. Taking a more long-term approach, ELME posted a 52-week range of $12.74-$18.49.
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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was -1.67%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 77.07%. This publicly-traded company’s shares outstanding now amounts to $87.87 million, simultaneously with a float of $86.78 million. The organization now has a market capitalization sitting at $1.49 billion. At the time of writing, stock’s 50-day Moving Average stood at $17.02, while the 200-day Moving Average is $15.86.
Elme Communities (ELME) 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 – Residential industry. Elme Communities’s current insider ownership accounts for 1.40%, in contrast to 88.94% institutional ownership.
Elme Communities (ELME) Earnings and Revenue Records
Elme Communities’s EPS increase for this current 12-month fiscal period is 77.07% and is forecasted to reach -0.11 in the upcoming year.
Elme Communities (NYSE: ELME) Trading Performance Indicators
Let’s observe the current performance indicators for Elme Communities (ELME). The Stock has managed to achieve an average true range (ATR) of 0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.23. Similarly, its price to free cash flow for trailing twelve months is now 33.77.
In the same vein, ELME’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.15, a figure that is expected to reach -0.03 in the next quarter, and analysts are predicting that it will be -0.11 at the market close of one year from today.
Technical Analysis of Elme Communities (ELME)
[Elme Communities, ELME] 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 69.88% While, its Average True Range was 0.40.
Raw Stochastic average of Elme Communities (ELME) in the period of the previous 100 days is set at 50.00%, which indicates a major fall in contrast to 59.66% 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 25.87% that was higher than 19.03% volatility it exhibited in the past 100-days period.
