A new trading day began on Friday, with SITE Centers Corp (NYSE: SITC) stock price down -3.96% from the previous day of trading, before settling in for the closing price of $11.88. SITC’s price has ranged from $10.45 to $18.15 over the past 52 weeks.
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During the last 5-year period, the sales drop of Real Estate Sector giant was -11.41%. Meanwhile, its annual earnings per share averaged -106.22%. With a float of $49.59 million, this company’s outstanding shares have now reached $52.20 million.
Let’s determine the extent of company efficiency that accounts for 172 employees. In terms of profitability, gross margin is 64.53%, operating margin of 5.51%, and the pretax margin is 279.32%.
SITE Centers Corp (SITC) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Retail Industry. The insider ownership of SITE Centers Corp is 5.44%, while institutional ownership is 109.22%. The most recent insider transaction that took place on Dec 23 ’24, was worth 133,824. In this transaction EVP & Chief Investment Officer of this company sold 8,794 shares at a rate of $15.22, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Director proposed sale 8,794 for $15.46, making the entire transaction worth $135,955.
SITE Centers Corp (SITC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -106.22% per share during the next fiscal year.
SITE Centers Corp (NYSE: SITC) Trading Performance Indicators
Here are SITE Centers Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11. Likewise, its price to free cash flow for the trailing twelve months is 15.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.33, a number that is poised to hit -0.16 in the next quarter
Technical Analysis of SITE Centers Corp (SITC)
Looking closely at SITE Centers Corp (NYSE: SITC), its last 5-days average volume was 0.96 million, which is a jump from its year-to-date volume of 0.84 million. As of the previous 9 days, the stock’s Stochastic %D was 36.64%. Additionally, its Average True Range was 0.29.
During the past 100 days, SITE Centers Corp’s (SITC) raw stochastic average was set at 17.44%, which indicates a significant increase from 11.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.18% in the past 14 days, which was lower than the 30.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.88, while its 200-day Moving Average is $16.08. However, in the short run, SITE Centers Corp’s stock first resistance to watch stands at $11.66. Second resistance stands at $11.91. The third major resistance level sits at $12.10. If the price goes on to break the first support level at $11.23, it is likely to go to the next support level at $11.04. Should the price break the second support level, the third support level stands at $10.79.
SITE Centers Corp (NYSE: SITC) Key Stats
With a market capitalization of 598.40 million, the company has a total of 52,445K Shares Outstanding. Currently, annual sales are 277,470 K while annual income is 531,820 K. The company’s previous quarter sales were 42,620 K while its latest quarter income was 3,090 K.
