With 699.29M Outstanding Shares, Can Healthpeak Properties Inc. (NYSE: DOC) Deliver Big Short-Term Gains?

Healthpeak Properties Inc. (NYSE:DOC) currently has a daily average trading volume of 4.49M but it saw 3178196 shares traded in last market. With a market cap of 14.97B USD, the company’s current market price of $21.41 came rising about 0.85 while comparing to the previous closing price of $21.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.19 and as low as $15.24. In the recent trading on the day, stock has struck highest price mark of $21.26 while lowest mark touched by it was $21.48.

Taking a look at 20-day trading activity of Healthpeak Properties Inc. (DOC) gives us an average price of $21.21, while its current price level is -3.52% below from 52-week high level whereas it is 40.49% 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 $20.19 while that of 200 days or SMA-200 reads an average of $18.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.95% during that period while stretching the period over a month that decreases to 2.28%. 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 58.06 which implies that the stock is in neutral territory.

Exane BNP Paribas upgraded its recommendation for the stock as a “Outperform” from “Neutral” on April 26, 2024 while assigning a price target range of $19-$21. Mizuho issued its recommendations for the stock as it resumed the price target for the stock is $22.

Over the week, DOC’s stock price is moving -1.47% down while it is 8.02% when we observe its performance for the past one month. Year-to-date it is 8.13% up and over the past year, the stock is showing an upside performance of 1.66%.

Currently, Healthpeak Properties Inc.’s total number of outstanding shares is 699.29M. Company’s return on investment (ROI) stands at 1.61% and return on equity (ROE) at 3.76%. It has a price to earnings ratio (P/E ratio) of 46.08 while having a 58.49 of forward P/E ratio. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 1.71 while price to sale or P/S ratio amounts to 6.21. Its return on asset (ROA) is 1.60% on average.