Apartment Investment & Management Co. (NYSE: AIV) Emerges As Guiding Light For Investors

Apartment Investment & Management Co. (NYSE:AIV) currently has a daily average trading volume of 955.02K but it saw 1022540 shares traded in last market. With a market cap of 1.28B USD, the company’s current market price of $8.86 came falling about -1.23 while comparing to the previous closing price of $8.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.20 and as low as $5.63.

Taking a look at 20-day trading activity of Apartment Investment & Management Co. (AIV) gives us an average price of $8.77, while its current price level is -3.70% below from 52-week high level whereas it is 57.37% 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 $8.35 while that of 200 days or SMA-200 reads an average of $7.67. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.05% during that period while stretching the period over a month that increases to 2.13%. 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 57.83 which implies that the stock is in neutral territory.

Scotiabank upgraded its recommendation for the stock as a “Sector Perform” from “Sector Underperform” on December 04, 2020 while assigning a price target of $41. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $40 and $33.

Over the week, AIV’s stock price is moving -1.23% down while it is 6.75% when we observe its performance for the past one month. Year-to-date it is 13.15% up and over the past year, the stock is showing an upside performance of 6.36%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.02 beat the consensus estimate of -0.05 for the same. In next quarter, company is expected to be making quarterly sales of $52.7M as analysts are expecting the sales for current fiscal year at $207.4M and seeing the company making $222M in sales next year. Moreover, analysts are in estimates of $51.2M for current-quarter revenue.

Currently, Apartment Investment & Management Co.’s total number of outstanding shares is 140.58M. Company’s return on investment (ROI) stands at -10.20% and return on equity (ROE) at -38.62%. Stock’s beta reads 1.38. Stock has a price to book (P/B) ratio of 3.70 while price to sale or P/S ratio amounts to 6.65. Its return on asset (ROA) is -7.78% on average.