Vornado Realty Trust (NYSE:VNO) currently has a daily average trading volume of 2.11M but it saw 1349171 shares traded in last market. With a market cap of 7.49B USD, the company’s current market price of $39.31 came rising about 0.05 while comparing to the previous closing price of $39.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.91 and as low as $18.36. In the recent trading on the day, stock has struck highest price mark of $38.64 while lowest mark touched by it was $39.66.
Taking a look at 20-day trading activity of Vornado Realty Trust (VNO) gives us an average price of $37.26, while its current price level is -1.50% below from 52-week high level whereas it is 114.11% 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 $33.85 while that of 200 days or SMA-200 reads an average of $28.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.17% during that period while stretching the period over a month that increases to 2.84%. 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 75.35 which implies that the stock is in overbought territory.
Piper Sandler upgraded its recommendation for the stock as a “Neutral” from “Underweight” on August 08, 2024 while assigning a price target range of $22-$30. BMO Capital Markets also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $29 and $40.
Over the week, VNO’s stock price is moving 1.21% up while it is 17.24% when we observe its performance for the past one month. Year-to-date it is 39.15% up and over the past year, the stock is showing an upside performance of 78.76%.
Currently, Vornado Realty Trust’s total number of outstanding shares is 190.39M. Company’s return on investment (ROI) stands at 0.12% and return on equity (ROE) at 1.41%. It has a price to earnings ratio (P/E ratio) of 441.19. Stock’s beta reads 1.63. Stock has a price to book (P/B) ratio of 1.69 while price to sale or P/S ratio amounts to 4.21. Its return on asset (ROA) is 0.49% on average.
