Should Investors Trust The Upside Potential In Sila Realty Trust Inc (SILA)?

Sila Realty Trust Inc (NYSE:SILA) currently has a daily average trading volume of 828.07K but it saw 822585 shares traded in last market. With a market cap of 973.77M USD, the company’s current market price of $22.95 came rising about 0.61 while comparing to the previous closing price of $22.81. In the recent trading on the day, stock has struck highest price mark of $22.55 while lowest mark touched by it was $22.98.

Taking a look at 20-day trading activity of Sila Realty Trust Inc (SILA) gives us an average price of $22.85, while its current price level is -11.90% below from 52-week high level. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $22.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.57% during that period while stretching the period over a month that increases to 3.55%. 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 54.17 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Exane BNP Paribas which initiated the stock as “Outperform” in its note to investors issued on June 25, 2024, recommending a price target of $30 for it.

Over the week, SILA’s stock price is moving 2.68% up while it is -2.59% when we observe its performance for the past one month. Year-to-date it is 5.28% up and over the past year.

Currently, Sila Realty Trust Inc’s total number of outstanding shares is 42.26M. Company’s return on investment (ROI) stands at 1.20% and return on equity (ROE) at 1.63%. It has a price to earnings ratio (P/E ratio) of 51.74. Stock has a price to book (P/B) ratio of 0.89 while price to sale or P/S ratio amounts to 5.11. Its return on asset (ROA) is 1.15% on average.