SITE Centers Corp (NYSE:SITC) currently has a daily average trading volume of 2.06M but it saw 1468056 shares traded in last market. With a market cap of 2.87B USD, the company’s current market price of $13.73 came rising about 1.78 while comparing to the previous closing price of $13.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.69 and as low as $10.75.
Taking a look at 20-day trading activity of SITE Centers Corp (SITC) gives us an average price of $13.74, while its current price level is -6.50% below from 52-week high level whereas it is 27.68% 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 $13.93 while that of 200 days or SMA-200 reads an average of $13.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.60% during that period while stretching the period over a month that decreases to 1.86%. 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 48.41 which implies that the stock is in neutral territory.
Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on September 20, 2023 while assigning a price target of $15. Wells Fargo issued its recommendations for the stock as it initiated the price target for the stock is $12.50.
Over the week, SITC’s stock price is moving -0.22% down while it is -2.69% when we observe its performance for the past one month. Year-to-date it is 0.73% up and over the past year, the stock is showing an upside performance of 14.05%.
Currently, SITE Centers Corp’s total number of outstanding shares is 209.03M. Company’s return on investment (ROI) stands at 5.71% and return on equity (ROE) at 10.87%. It has a price to earnings ratio (P/E ratio) of 13.36 while having a 458.89 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 1.43 while price to sale or P/S ratio amounts to 5.81. Its return on asset (ROA) is 5.70% on average.
