Look Past The Setbacks And Give Apartment Investment & Management Co. (NYSE: AIV) Another Chance

Apartment Investment & Management Co. (NYSE:AIV) currently has a daily average trading volume of 990.45K but it saw 703285 shares traded in last market. With a market cap of 1.26B USD, the company’s current market price of $8.91 came rising about 0.34 while comparing to the previous closing price of $8.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.48 and as low as $5.63. In the recent trading on the day, stock has struck highest price mark of $8.695 while lowest mark touched by it was $8.935.

Taking a look at 20-day trading activity of Apartment Investment & Management Co. (AIV) gives us an average price of $8.91, while its current price level is -6.06% below from 52-week high level whereas it is 58.26% 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 $8.82 while that of 200 days or SMA-200 reads an average of $8.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.08% during that period while stretching the period over a month that decreases to 2.05%. 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 50.87 which implies that the stock is in neutral territory.

Scotiabank upgraded its recommendation for the stock as a “Sector Perform” from “Sector Underperform” on December 04, 2020 while assigning a price target of $41. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $40 and $33.

Over the week, AIV’s stock price is moving -1.33% down while it is 3.24% when we observe its performance for the past one month. Year-to-date it is 13.79% up and over the past year, the stock is showing an upside performance of 20.73%.

Currently, Apartment Investment & Management Co.’s total number of outstanding shares is 140.58M. Company’s return on investment (ROI) stands at -14.10% and return on equity (ROE) at -57.87%. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 4.82 while price to sale or P/S ratio amounts to 6.36. Its return on asset (ROA) is -10.51% on average.