Equity Commonwealth (NYSE:EQC) currently has a daily average trading volume of 934.41K but it saw 946028 shares traded in last market. With a market cap of 2.17B USD, the company’s current market price of $20.25 came rising about 0.40 while comparing to the previous closing price of $20.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.00 and as low as $17.93. In the recent trading on the day, stock has struck highest price mark of $20.15 while lowest mark touched by it was $20.3.
Taking a look at 20-day trading activity of Equity Commonwealth (EQC) gives us an average price of $20.26, while its current price level is -3.57% below from 52-week high level whereas it is 12.94% 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 $19.77 while that of 200 days or SMA-200 reads an average of $19.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.81% during that period while stretching the period over a month that increases to 0.86%. 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 58.33 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 BofA Securities which downgraded the stock as “Underperform” in its note to investors issued on October 04, 2021, recommending a price target of $28 for it. BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on May 07, 2021 while assigning a price target range of $32-$29.
Year-to-date it is 5.47% up and over the past year, the stock is showing an upside performance of 6.64%.
The company is expected to be releasing its next quarterly report in September, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $7.09M as analysts are expecting the sales for current fiscal year at $29.52M and seeing the company making $12.26M in sales next year. Moreover, analysts are in estimates of $7.07M for current-quarter revenue.
Currently, Equity Commonwealth’s total number of outstanding shares is 106.85M. Company’s return on investment (ROI) stands at 3.87% and return on equity (ROE) at 4.24%. It has a price to earnings ratio (P/E ratio) of 23.37. Stock’s beta reads 0.28. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 36.43. Its return on asset (ROA) is 4.19% on average.
