SITE Centers Corp (NYSE:SITC) currently has a daily average trading volume of 1.65M but it saw 2445815 shares traded in last market. With a market cap of 3.24B USD, the company’s current market price of $15.46 came rising about 0.06 while comparing to the previous closing price of $15.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.11 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 $15.26, while its current price level is -4.03% below from 52-week high level whereas it is 43.77% 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 $14.74 while that of 200 days or SMA-200 reads an average of $13.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.03% during that period while stretching the period over a month that decreases to 2.02%. 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 55.97 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 1.18% up while it is 6.99% when we observe its performance for the past one month. Year-to-date it is 13.43% up and over the past year, the stock is showing an upside performance of 11.81%.
Currently, SITE Centers Corp’s total number of outstanding shares is 209.03M. Company’s return on investment (ROI) stands at 11.42% and return on equity (ROE) at 21.07%. It has a price to earnings ratio (P/E ratio) of 7.26 while having a 1171.21 of forward P/E ratio. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 1.66 while price to sale or P/S ratio amounts to 6.84. Its return on asset (ROA) is 11.33% on average.
