Netstreit Corp (NYSE:NTST) currently has a daily average trading volume of 705.72K but it saw 1693948 shares traded in last market. With a market cap of 1.23B USD, the company’s current market price of $16.80 came falling about -1.93 while comparing to the previous closing price of $17.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.97 and as low as $13.49.
Taking a look at 20-day trading activity of Netstreit Corp (NTST) gives us an average price of $16.56, while its current price level is -11.44% below from 52-week high level whereas it is 24.54% 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 $16.96 while that of 200 days or SMA-200 reads an average of $16.87. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.75% during that period while stretching the period over a month that increases to 2.03%. 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 49.89 which implies that the stock is in neutral territory.
Wolfe Research upgraded its recommendation for the stock as a “Outperform” from “Peer Perform” on January 02, 2024 while assigning a price target of $22. Exane BNP Paribas issued its recommendations for the stock as it downgraded the price target for the stock is $17.
Over the week, NTST’s stock price is moving -2.44% down while it is -1.12% 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 a downside performance of -9.19%.
Currently, Netstreit Corp’s total number of outstanding shares is 73.21M. Company’s return on investment (ROI) stands at 0.32% and return on equity (ROE) at 0.55%. It has a price to earnings ratio (P/E ratio) of 184.21 while having a 58.95 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 0.98 while price to sale or P/S ratio amounts to 8.75. Its return on asset (ROA) is 0.35% on average.
