Empire State Realty Trust Inc (NYSE:ESRT) currently has a daily average trading volume of 1.05M but it saw 1857569 shares traded in last market. With a market cap of 1.50B USD, the company’s current market price of $9.12 came falling about -2.56 while comparing to the previous closing price of $9.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.32 and as low as $5.42.
Taking a look at 20-day trading activity of Empire State Realty Trust Inc (ESRT) gives us an average price of $9.42, while its current price level is -11.63% below from 52-week high level whereas it is 68.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.67 while that of 200 days or SMA-200 reads an average of $9.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.89% during that period while stretching the period over a month that increases to 2.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.95 which implies that the stock is in neutral territory.
Evercore ISI upgraded its recommendation for the stock as a “Outperform” from “In-line” on May 23, 2023 while assigning a price target range of $7-$8. Evercore ISI also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $8 and $7.
Over the week, ESRT’s stock price is moving 0.77% up while it is -5.98% when we observe its performance for the past one month. Year-to-date it is -5.88% down and over the past year, the stock is showing an upside performance of 56.12%.
Currently, Empire State Realty Trust Inc’s total number of outstanding shares is 162.06M. Company’s return on investment (ROI) stands at 1.52% and return on equity (ROE) at 5.49%. It has a price to earnings ratio (P/E ratio) of 31.25. Stock’s beta reads 1.32. Stock has a price to book (P/B) ratio of 1.51 while price to sale or P/S ratio amounts to 1.98. Its return on asset (ROA) is 1.26% on average.
