SITE Centers Corp (NYSE:SITC) currently has a daily average trading volume of 1.71M but it saw 1378324 shares traded in last market. With a market cap of 3.20B USD, the company’s current market price of $15.26 came rising about 1.06 while comparing to the previous closing price of $15.10. 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. In the recent trading on the day, stock has struck highest price mark of $15.16 while lowest mark touched by it was $15.39.
Taking a look at 20-day trading activity of SITE Centers Corp (SITC) gives us an average price of $15.41, while its current price level is -5.28% below from 52-week high level whereas it is 41.91% 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 $14.84 while that of 200 days or SMA-200 reads an average of $13.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.78% during that period while stretching the period over a month that decreases to 2.37%. 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 51.60 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 -1.29% down while it is 4.23% when we observe its performance for the past one month. Year-to-date it is 11.96% up and over the past year, the stock is showing an upside performance of 10.12%.
Currently, SITE Centers Corp’s total number of outstanding shares is 209.03M. Company’s return on investment (ROI) stands at 11.53% and return on equity (ROE) at 21.06%. It has a price to earnings ratio (P/E ratio) of 7.17. Stock’s beta reads 1.63. Stock has a price to book (P/B) ratio of 1.48 while price to sale or P/S ratio amounts to 6.75. Its return on asset (ROA) is 11.33% on average.
