As on Wednesday, Elme Communities (NYSE: ELME) started slowly as it slid -0.52% to $17.33, before settling in for the price of $17.42 at the close. Taking a more long-term approach, ELME posted a 52-week range of $13.95-$18.08.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -7.60%. This publicly-traded company’s shares outstanding now amounts to $88.16 million, simultaneously with a float of $86.73 million. The organization now has a market capitalization sitting at $1.53 billion. At the time of writing, stock’s 50-day Moving Average stood at $17.06, while the 200-day Moving Average is $16.51.
Elme Communities (ELME) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the REIT – Residential industry. Elme Communities’s current insider ownership accounts for 1.62%, in contrast to 92.20% institutional ownership.
Elme Communities (NYSE: ELME) Trading Performance Indicators
Let’s observe the current performance indicators for Elme Communities (ELME). It’s Quick Ratio in the last reported quarter now stands at 1.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.19. Similarly, its price to free cash flow for trailing twelve months is now 31.06.
In the same vein, ELME’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.53, 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)
Through scrutinizing the latest numbers posted by the [Elme Communities, ELME], it can be observed that its last 5-days Average volume of 4.84 million was lower the volume of 5.66 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 45.66% While, its Average True Range was 45.47.
Raw Stochastic average of Elme Communities (ELME) in the period of the previous 100 days is set at 73.99%, which indicates a major rise in contrast to 30.69% 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 0.16 that was lower than 0.17 volatility it exhibited in the past 100-days period.
